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Ingram Micro Expands Award-Winning Financial Services Business; Speeds Sales Cycle for Channel Partners

New Device-as-a-Subscription Finance Offering Reduces Purchase Price for Channel Partners and Customers #ChannelCon16

HOLLYWOOD, FLORIDA – Aug. 3, 2016Ingram Micro Inc. (NYSE: IM) today announced a flexible device-as-a-subscription offering for channel partners focused on selling managed IT services and solutions. Exclusive to the U.S., the new "Rent IT vs Buy IT" program will make it easier and more affordable for businesses of all sizes to acquire the notebooks, desktops and tablets needed to achieve their business goals.

"In order to successfully sell, channel partners have to make the business case for new technologies and managed IT services and turn customers and prospects into buyers," said Kirk Robinson, senior vice president, Commercial Markets and Global Accounts, Ingram Micro.

By providing the option to rent versus buy technology outright, Ingram Micro channel partners are able to turn a capital expense into an operational expense for customers and ease the sales process. "The math and the model works better for everyone, bringing greater flexibility and value to the business and the channel partner," noted Robinson who is speaking this week at CompTIA ChannelCon on industry best practices and trends.
Available next month, Ingram Micro's device-as-a-subscription offering uses end-of-term residuals to lower monthly payments and create more ongoing refresh opportunities for channel partners and their customers. The program is anticipated to deliver up to a 20 percent cost savings over a two-year term, with options for extended terms.

"By tapping into Ingram Micro Financial Services and our new device-as-a-subscription offer, channel partners are able to simplify the details of a deal and get to "yes" faster by removing common barriers to purchasing new technologies such as cash flow and risk management," said Kelly Carter, executive director, credit and financial solutions. "Our team of financial experts have helped thousands of channel partners in the field and over the phone better understand how to establish credit and use our financial services and support offerings to grow their business and maintain a competitive edge in all they do. This new offering builds on that success and opens the playing field for devices, systems and other hardware solutions."

Decades of Leadership & Innovation in Financial Services
Ingram Micro's leadership in financial services spans nearly three decades. Last month the distributor was recognized for the 5th year in a row by ChannelPro SMB readers for offering the IT channel's "Best Financing Options."
In addition to device-as-a-subscription and traditional IT leasing options, Ingram Micro offers a broad and deep portfolio of award-winning and industry leading financial services, as well as complementary training and educational resources. To learn more about Financial Solutions contact (877) 877-0035 or financialsolutions@ingrammicro.com.

About Ingram Micro 
Ingram Micro helps businesses Realize the Promise of Technology™. It delivers a full spectrum of global technology and supply chain services to businesses around the world. Deep expertise in technology solutions, mobility, cloud, and supply chain solutions enables its business partners to operate efficiently and successfully in the markets they serve. Unrivaled agility, deep market insights and the trust and dependability that come from decades of proven relationships, set Ingram Micro apart and ahead. More at www.ingrammicro.com.


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