Avaya Financial Services (AFS), part of CIT Group, has launched
a new product to boost channel partners’ credit lines and cash
flow.
With the product, Advanced Funding Programme (AFP), AFS will pay
all of Avaya’s accredited distributors’ upfront costs for the
equipment, and will pay channel partners 50 percent of the
installation costs prior to installation. The remaining monies due
to the partners will then be paid upon completion.
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“AFP will significantly increase cash flow for both distributors
and business partners, and should help free up their credit lines,”
said Paul Fazakerley, AFS European programme director.
The Advanced Funding Programme will be available in the UK,
Belgium, Netherlands, France, Switzerland, Germany, Italy and
Spain.
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