Tech Data Introduces Managed Services Financing
Tech Data has partnered with IBM Global Financing to offer managed service providers financing for deals valued at as little as $1,000.
On the one hand, VARs can pay little — or nothing — up front when working with hosted MSP platforms, frequently known as the Master MSP model. But on the other hand, many solutions providers continue to license and deploy MSP platforms within their own network operation centers. In that scenario, Tech Data and IBM may stand ready to assist.
Here’s how the financing program works.
According to Tech Data:
With this new managed services financing program, MSPs can confidently finance their solutions purchased from Tech Data; structure monthly or quarterly payments for hardware, software and services under a single invoice; keep track of all financed assets; and easily adjust payments for hardware, software and new services added during the life of the agreement to co-terminate at the end of the contract with the rest of the solution.
For all deals less than $300,000, Tech Data adds, IBM Global Financing doesn’t require MSPs to submit end-user financials and will provide credit approval and contracts within one hour. For more info, Tech Data is telling MSPs to dial (800) 237-8931, ext. 87150.
This is the latest in a growing list of MSP-centric announcements that Tech Data made during a partner even in Las Vegas.