TD Synnex has launched a new range of financial and leasing services, delivered through a new UK entity known as TD Synnex Capital, that will enable more flexible ways to pay for customers.
As the captive finance arm of TD Synnex, TD Synnex Capital solutions are designed to be fully integrated into the technology partner ecosystem, making it simpler to offer financing options as part of the sales process. They are now available in the UK and will be rolled out across Europe in the coming months for B2B customers.
Wayne Peters, global vice president, financial solutions, TD Synnex, stated: “We are excited to launch TD Synnex Capital in Europe and thrilled that the UK will be our first country in the region. The expansion of TD Synnex Capital in Europe will allow our reseller partners and vendors in the region to offer more flexible payment and leasing solutions to their clients as well as engage on a transactional or even more strategic, programmatic level. Having our own captive finance company allows us to provide an exceptional customer experience from quote to funding, which is our top priority. This is the next step in delivering a truly integrated, global approach to the TD Synnex channel.”
David Watts, SVP and managing director, UK and Ireland, TD Synnex, added: “As customers continue to digitally transform, there is more pressure on partners to provide alternative ways to pay for new technology. TD Synnex Capital gives partners the tools to offer a robust financing and leasing portfolio without added risk or cost. What we are saying to partners is ‘let our money work for you’, and with our channel expertise and experience, focus on the customer, and the backing of one of the world’s largest IT distributors, we are confident that TD Synnex Capital will be the first choice for businesses in need of financing options for technology procurement.”
TD Synnex Capital offers a simplified and modern approach to leasing and financing. A payment solution or Tech-as-a-Service option for any product in the TD Synnex portfolio can be integrated into a product sale and will be funded for the full term up-front, eliminating credit risk for the channel partner and providing greater customer value.
Working with TD Synnex Capital, partners will be able to offer attractive technology solutions with low monthly, annual or quarterly payments over the course of a pre-defined term. This helps customers with asset management but also benefits the partner by increasing their credit capacity and establishing a predictable refresh cycle.