CHANNEL PARTNERS Intelisys (Booth 4016 and an Executive Sponsor) said today it has made more than $2 million in loans to its sales partners through the Intelisys Partner Investment Program.
The Partner Investment Program was launched in the fall of 2010 to make working capital available to qualified partners expanding their businesses and client lists. The program achieved the $1 million mark two years ago.
We are thrilled to be in a financial position to assist our partners in this way,” said Jay Bradley, president of Intelisys, in a press release. We will do whatever it takes to help our sales partners achieve their goals, and we truly believe the Partner Investment Program is one of the best ways we can accomplish that objective.”
The program offers an application process for low-interest business loans without impacting the applicants credit score. Financing is secured based on current and future commissions, and the loan repayment is triggered as a sales partner reaches certain milestone. Partner exclusivity is not a requirement for participation in the program.
One partner, Corporate Technologies Group, said the Partner Investment Program has helped it access marketing tools, pay salaries and develop sales resources.
"We are confident this will significantly grow our business." said Jeff Sumner, principal of Corporate Technologies Group.