Ingram Micro Announces Financial Service Offerings

Ingram Micro has announced two financial services offerings — “90-Days Same as Cash” and the “Baker’s Dozen” — for channel partners in the U.S. and Canada.

Available immediately, Ingram Micro’s 90-Day Same as Cash offering enables channel partners to offer customers the flexibility to lease or pay cash for new technology purchasing after 90 days. Ingram Micro is also adding more time to terms with its Baker’s Dozen, which extends a typical 12-month financing deal to 13 payments at no additional charge.

In addition, Ingram Micro has lowered the financing terms for its new Future Funds program from 1.5 percent to 1 percent of the total purchase price. Introduced last month, Ingram Micro’s Future Funds program offers interest only payments for six months and then at month seven presents the customer with a choice to pay off the balance or finance the balance for an additional 12 to 60 months.