Varilease Technology Finance Group Inc., which specializes in meeting the financing needs of companies in the SMB marketplace, has reached agreements to offer financing options to Zultys Tehnologies VARs and end users, as well as Telrad Connegy dealers and end users.
Each of the sponsored financial services programs is a suite of customized lease products and services that have been designed to meet the requirements of Zultys VARs or Telrad Connegy dealers and their customers. The programs benefits includes online application processing; “application only” approvals up to $100,000; “corporation only” approvals up to $100,000; new business financing; assignment of proceeds financing; extended maintenance financing.
Zultys VARs and Telrad Connegy dealers can use the program to preserve their credit lines by utilizing the “assignment of proceeds” feature in which Varilease will separately fund the dealer, or the VAR and distributor, and Zultys or Telrad for their respective portions of the transaction.
Additionally, the program features a platform that will allow for extended maintenance financing, which means participants can offer their customers a consolidated monthly payment for all products and services for the life of the lease.
“This unique financing option is another example of the value-add that Zultys brings to its VAR partners, said Jonna Paquette, vice president of sales and marketing at Zultys Technologies. Our goal is to not only make a SIP-based VoIP system easy to use but also within reach of small- and medium-sized businesses alike.”