This morning, SED International Holdings, the preferred distributor for a wide range of cellular, computer hardware, consumer electronics, and small appliance offerings via a truly multinational footprint, which also provides tightly-integrated/customized supply chain management services, reported a swathe of new programs for Small-Medium Business (SMB) resellers that should accelerate financing in the space significantly.
Bringing together a robust mix of SMB reseller categories, from technology VARs (value added resellers) and system builders, to independent retailers, SED draws on a customer base of over 10k channel partners/retailers throughout the US and Latin America to launch this kind of program roll out into the stratosphere. SED is legendary among SMB resellers for optimum handling, with a keen emphasis on their high-touch model that includes size-irrespective, dedicated account representation for each customer.
The programs have two primary vectors:
• Increased credit lines for current domestic SED customers
A 50% jump for some 1.2k SMB customers
Some $15M in new credit availability
• No fee expedited set up of terms for new customers
Utilizes SED’s no fee one-page SMB Quick Terms application, providing a net terms decision within one business day on average
CFO and VP of Finance for SED, Lyle Dickler, underscored the significance of the company’s capacity to “continually equip” customers with the tools required in order to succeed, explaining that SMB financing is a crucial, high-stress aspect of operations, and that SED was here to help. Dickler further emphasized how SED has designed their entire platform to fully accommodate the requirements of customers, ensuring that growth can be aggressed confidently.
This is a huge boon to the SMB space, and SED customers in particular are going to be very pleased with this announcement as the infusion of credit availability, married to the company’s reputation for best-in-class customer service/support, will translate effectively into tremendous momentum potential for businesses. This is precisely the kind of SMB momentum injection the domestic economy is crying out for and to have an established player like SED swinging for the fences is a powerful sign that the inherent potential of relevant markets can be unleashed in 2012.
Dickler pointed to a 30-year track record of handing in rigorously detailed, customer-specific solutions that amply cater to the demands of the SMB space, and the philosophy at SED which drives the entire process, that the SMB customers bring immense value to the market. It is this drive to be a leader in the distribution of technology products and services that has served SED so well in its rise to prominence. A drive organically supplied with more and more fuel thanks to the logistical feedback from genuinely careful, customer-oriented services/strategies.
For more information on these new programs, or to learn more about SED International Holdings, please visit the company’s website at www.sedonline.com
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