Ingram Micro Helps Partners Address Expected Cash Crunch Amid COVID-19

Ingram Micro has released two new partner financing programs extending $110 million in additional credit to approximately 2,000 channel partners across North America, temporarily waiving fees, and offering exclusive terms to members of its SMB Alliance and Trust X Alliance communities.

Available immediately in the U.S. and Canada, Ingram Micro’s new KickStart Financing and Future Funds programs allow channel partners additional cash flow options to finance the technology, services and support needed in real-time, allowing for more complete solutions to be sold together. In addition, the distributor’s new Future Funds program is offered with interest only payments for six months and starting payments as low as 1.5% of the total purchase price. At month seven the customer is presented a choice to pay off the balance or finance for an additional 12 to 60 months.

Additional Ingram Micro financing solutions available to channel partners across the U.S. and Canada include Direct Express, Technology as a Service, End-user Financing, Manufacturer Financing, Lockbox Solutions. All financing programs allow for complete solutions to be financed together versus one-off point sales that require separate financing agreements.

Channel Impact^®
The announcement demonstrates intent to work more closely with partners in the midst of the Coronavirus pandemic, providing necessary flexibility during highly uncertain times.