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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 unique assignment of proceeds alternatives such as Optimum Financial as well as many other options: free floorplanning, leasing, open account terms, direct debit, electronic funds transfer, plus standard services such as credit cards, COD, cashier's checks, 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.
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 (PDF) and return the original signed copy to Tech Data. The Tech Data Credit Services contact information is listed below.
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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.
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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 (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.
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Wire Transfer and ACH Payments
Wire transfer of funds from your bank to ours is another way to expedite drop shipments and rush orders. Arrangement for a wire transfers or ACH (Automated Clearing House) payment is made by you with your bank's Customer Service department.
Note: Tech Data cannot accept Book Transfers or counter deposits, we will only accept Wire transfers or ACH payments.
If you have additional questions about wire transfers, email us at credit@techdata.com.
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Tech Data Credit Services Contact Information
| Fax # | |
Email: | |
Mailing Address |
| 727-538-7087 | |
Credit@techdata.com | |
Tech Data Corporation
Credit Department, A3-20
5350 Tech Data Drive
Clearwater, FL 33760
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Make sure to reference your Tech Data Account number when contacting Credit Services.
Assignment of Proceeds – Tech Data
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.
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Assignment of Proceeds - Optimum Financial®
Tech Data’s Optimum Financial® Program enables you to assign the proceeds of a sale to Tech Data through an intermediary entity, Optimum Financial. This avoids disclosing your relationship with Tech Data when you arrange the assignment of payments with your customer.
For more information, contact Tech Data's Financial Services team at (800)237-8931 Ext. 77470 or by email to FinancialServices@techdata.com
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Review and pay your invoices online with TD Direct Pay using a payment system powered by Harbor Payments and hosted by Wachovia Bank. This is Tech Data’s convenient internet-based invoice payment program that provides secure account information at a website that’s updated daily. From this website you can effectively authorize and initiate electronic payment. TD Direct Pay ensures confidentiality and convenient access to current online account information and with no checks to write, you’ll benefit from faster processing that keeps your credit limit current.
You will enjoy the benefits of being able to:
- View and Print invoice details online
- Increase accuracy of cash flow forecasting
- Lower cost of processing payments
- Electronic Commerce capability, without investing in software or programming
- 128-bit encryption, firewalls and back-provided passwords
- Schedule advance payments
For more information and to register visit www.techdata.com/tddirectpay.
If you have additional questions about the program, email us at help@invoiceharbor.com.
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