£2 billion in credit lines milestone

TD SYNNEX landmark achieved on the back of steady growth in business, changes to partner business models, and the need to support growing number of hybrid deployments.

  • Monday, 27th January 2025 Posted 8 months ago in by Phil Alsop

TD SYNNEX now has more than £2 billion in credit lines extended to the UK channel, underlining its significance in enabling partners to do business and meet the changing needs of their end user customers.

The rise in credit lines has been fuelled by steady growth and changes to partner business needs driven by end-customer requirements for hybrid technology deployments. “We are committed to delivering excellence in credit and finance services and with partners now operating mixed models of solutions sales, subscriptions and services, the availability of these options is more important than ever”, said David Watts, regional vice president and managing director, UK and Ireland, TD SYNNEX.

“While end customer organisations may want to invest in new technologies and solutions, it is not always easy to allocate funding right away. In addition, most customers now want to use a mix of on-premises and cloud solutions, and to both purchase and own products outright and take advantage of subscription offerings. As a consequence, partners are now having to manage ever-more-complex installations and their business models are changing. We are here to support them in every way we can and credit and finance options are a foundational element of our services that underpin our partners’ ability to do business.”

As well as credit services TD SYNNEX provides flexible options to suit every customer scenario through its specialist finance arm, TD SYNNEX Capital. Solutions are available to support subscription payments for software and services and consumption-based financing. Smaller partners that are growing fast can take advantage of the TD SYNNEX Credit Elevator, which enables partners to increase their credit limit automatically as they grow, without having to re-apply, by meeting a set of pre-set requirements.

Horizon3.ai's EMEA Partner Conference

Posted 2 days ago by Aaron Sandhu
Horizon3.ai celebrated partner excellence at the EMEA Partner Conference, showcasing advancements in cybersecurity and recognising exceptional...
Karlton Gray ascends to drive collaboration within Schneider Electric's partner ecosystem, focusing on sectors like education, healthcare, and more.
Seagate Technology and Acronis collaborate to deliver scalable, secure archival storage solutions, catering to the growing demands of AI-driven data...
inforcer joins forces with Microsoft to streamline multi-tenant management for MSPs, enhancing the delivery of Microsoft 365 and AI-powered services.
Zero Networks partners with Exclusive Networks to expand its zero trust security solutions across Europe, focusing on the UK and Ireland as key...

TeamViewer unveils MSP partner program

Posted 1 week ago by Aaron Sandhu
TeamViewer introduces a global MSP program, engineered to assist partners in scaling their services effectively. Big names like Unisys join the...
GCX Managed Services partners with Cato Networks to revolutionise SASE solutions, enhancing global connectivity and security for leading industries.
Over 300 MSP leaders gather for a day of critical strategy, technical innovation and growth‑oriented panels; “M&A” and “MSP Growth” panels...