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IBM, Textron VARs Search for Credit

The economy is taking its toll on financing programs that have previously incented VAR business. IBM’s (IBM) Flexible Credit program, which was targeted toward smaller biz, has shut down. And IBM also set tighter restrictions on some financing programs left standing.

Additionally, Textron (TXT) announced it will cease all of Textron Financial Corp.’s finance business, with the exception of customer purchases of Textron-manufactured products.

Naturally, both of these financing reformations are driving solution providers to hunt feverishly for alternate lines of credit.


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