Credit is a catalyst to every company's growth, and because each company and market has a unique set of requirements, it takes numerous credit programs to satisfy each need. Tech Data's Credit Services department can play a crucial role. Our range of services includes: free flooring, leasing, AOP, escrow, RSA, open account terms, ACH, Wire Transfer, plus standard services such as credit card, TD Direct Pay, Check-by-Phone, etc.
A wide variety of credit options is essential to your company's growth. To help you succeed in a highly competitive marketplace, we offer several credit and financing options. We can even help you lease your customers the data systems they need.
Net Terms Account
Your Tech Data account is established with a credit limit and payment terms based on the details of your application, credit history and company's financial statements. At any time you would want your account reviewed for consideration of a higher credit limit, contact your Credit Representative or email us at credit@techdata.com.
Assignment of Proceeds Program
An excellent way to finance larger orders is to arrange for your customer to pay Tech Data directly. This is accomplished through a simple document that you prepare and have your customer sign. This approach can allow you to use your customer's financial strength to obtain additional credit to support your purchases.
See our Assignment of Proceeds Overview at www.techdata.com/aop (PDF) for additional information.
*AOP deals are subject to review and approval from the Tech Data Credit Services Team.
For questions or to apply for this program, contact Tech Data's Credit Services team at (800) 237-8931, opt. 3 or by email to credit@techdata.com.
Escrow Program
Escrow agreements are a versatile tool for assuring the safe, fair and efficient completion of your larger orders.
- Tech Data partners with US Bank as a neutral third party to act as a temporary agent in these financial transactions.
- End-User pays US Bank directly
- At joint direction US Bank will pay Tech Data for your purchases and will pay you for your services & profit.
- Especially useful for Federal End-User
- Apply for an Escrow by contacting US Bank @ 804-343-1564 or email elizabeth.boyd@usbank.com
RSA Program
Extend your credit reach by utilizing our transaction-based, end-to-end solution that can be transparent to your end users.
For details, visit techdata.com/RSA .
- Apply for admittance to the RSA program by contacting financialservices@techdata.com.
- Focus on growing sales by mitigating credit risk and leveraging our billing, credit and collection capabilities.
- End users direct payment to Tech Data.
Taas Program
Tech-as-a Service bundles hardware, software, and services into a single subscription term.
- Available for both endpoint and advanced solutions.
- Flexible subscription model, scalable up or down throughout the course of the subscription term.
- Contact the dedicated Taas Credit Team @ financingteam@techdata.com.
Standby Letters of Credit (SLOC)
A SLOC enables Tech Data to receive payment directly from your bank, but only in the event of a default. You then repay your bank according to the terms agreed upon when the letter was issued.
To have a SLOC issued to Tech Data, you will need to visit your bank. Provide your bank with the wording found on the Standby Letter of Credit form at www.techdata.com/sloc (PDF). This is the standard wording that Tech Data will require on the SLOC document. We recommend that you ask your bank to email Tech Data a draft copy for a final review before formal issuance. Once issued, be sure to have the Original SLOC document mailed to Tech Data.
The Tech Data Credit Services contact information is listed below.
Cross Corporate Guaranty
As a supplement to other forms of security, Tech Data may ask for a Cross Corporate Guaranty. A Cross Corporate Guaranty would be utilized where the Tech Data reseller is a wholly owned subsidiary of another company or if there is a sister corporation that benefits directly from the other.
To submit a Cross Corporate Guaranty to Tech Data, sign the Cross Corporate Guaranty form at www.techdata.com/ccg (PDF) and return the original signed copy to Tech Data. The Tech Data Credit Services contact information is listed below.
Tech Data Credit Services Contact Information
Fax #: 727-538-7087
Email: Credit@techdata.com
Mailing Address:
Tech Data Corporation
Credit Department, A2-12
5350 Tech Data Drive
Clearwater, FL 33760