Nimans financing arm deepens channel pockets

Distributor claims demand for leasing in Q1 2012 outstripped the whole of last year

Resellers are leaning on leasing in a big way this year, according to distributor Nimans, which has set up a specialist financial services division.

The Mancunian comms specialist claims demand for its financing services in 2012's opening quarter eclipsed that for the whole of the prior year. Through its dedicated leasing and finance unit, the distributor offers packages for large technology investments and peripheral items, as well as other items including vehicles and furniture.

Nimans revealed that leasing arrangements are available in addition to resellers' existing credit lines. The firm offers repayment terms of up to seven years and claims its approval rates are incredibly high.

Tom Maxwell, dealer sales director at the distributor, said: "In this economic climate, cashflow remains tight and access to general credit is limited. Customers can conveniently arrange all their finance from one distribution partner as we do not necessarily have to stock every product."