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TrueRent channel financing aims at consumers

TrueRent channel financing aims at consumers

Melbourne-based Technology Fund Management has capped off the relaunch of its channel financing and rental program by kick-starting a new TrueRent offering for consumers.

National sales and marketing manager, Jol Sinclair, said its vendor-neutral program was available to all channel players that wanted to provide financial and renting options. It was originally launched three years ago but aimed exclusively at ABN holders.

Financial terms can be stretched over 2-5 years. Sinclair said there was no minimum or maximum limit on the amount of credit available.

"We're currently doing a transaction for $5.5 million, as well as one for $550, so it's open to all manner of sales," he said.

He claimed the program was also the first in Australia to offer 100 per cent, software-only financing.

"IT resellers have limited options available to them: Flexirent and RentSmart are tied up with the retailers," he said. "We want to work with channel partners to help them drive sales."

Those who register for TrueRent are entitled to a 6 per cent cut for transactions up to $10,000, and 2 per cent for those of higher value. Sales people would also get an additional 2 per cent rebate for deals under $10,000, or 1 per cent on bigger transactions.

Sinclair set the bullish aim of signing up 2500 resellers to its books within the next two years.

It was currently negotiating several strategic reseller and integration alliances, he said. These would involve end-user promotions, marketing material, salary sacrificing and pre-approved credit. These options were also available to distributors, he added.


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