Alliance Financing Group Enters New Multi-Year Agreement With Ingram Micro For Canadian Leasing Program.TORONTO -- Alliance Financing Group Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:AFG AFG Afghanistan (international vehicle registration) AFG American Financial Group AFG Assistance to Firefighters Grant AFG Arbeitsförderungsgesetz (German: Labor Advancement Law) AFG Accreditation for Growth ) announced today that it has extended its relationship with Ingram Micro Ingram Micro, Inc. NYSE: IM a Fortune 100 company founded in 1979 and based in Santa Ana, California. It is the world’s largest technology distributor and a leading technology sales, marketing and logistics company. Inc. (NYSE NYSE See: New York Stock Exchange :IM) by entering into a new multiyear agreement to provide business leasing solutions through the Ingram Micro Preferred Leasing program for Canada. Launched in 2002, the Ingram Micro Preferred Leasing program is available to Ingram Micro's resellers across Canada Across Canada was an afternoon program that formerly aired on The Weather Network. The segment ran from early 1999 until mid 2002. The show ran from 3:00PM ET until 7:00 PM ET. and offers flexible financing options for resellers and their business customers. "Our mandate from Ingram Micro was to create a world-class branded financing program tailored for the Canadian information technology market, and the response from Ingram Micro's resellers over the past two years indicates that we have succeeded in this mission," said Bernie Shimkovitz, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Alliance Financing. Utilizing Alliance Financing's multi-underwriter business model, coupled with Alliance's comprehensive suite of traditional and online marketing and delivery systems, the Ingram Micro Preferred Leasing program offers flexible terms, rates and payment structures to a wide variety of business customers, in a breadth of industry sectors, and for a broad range of credit profiles. "Many of Ingram Micro's resellers already have chosen Ingram Micro Preferred Leasing as their financing partner," said Mr. Shimkovitz. "As the backbone of this successful program, Alliance intends to aggressively expand our reseller base through this partnership in the coming years." "Ingram Micro looks forward to continuing to work with Alliance Financing to offer our reseller partners access to world class leasing options," said Murray Wright, General Manager, Ingram Micro Canada. "The Ingram Micro Preferred Leasing program provides our resellers support in conserving working capital and offers flexibility to provide increased sales opportunities for our customers." "Alliance Financing is pleased to have been chosen by Ingram Micro as the manager of their leasing program. This new multiyear agreement validates our joint commitment to the success of Ingram Micro's resellers", said Mr. Shimkovitz. About Alliance Financing Group Inc. Alliance Financing is a diversified commercial finance institution that specializes in providing branded or white labelled asset based financing solutions, to the SMB (1) (Small to Medium-sized Business) Also called "SME" (small to medium-sized enterprise), it refers to companies that are larger than the small office/home office (SOHO), but not huge. (Small to Mid-sized Business) marketplace and to public sector organizations. Alliance Financing works within a multi-underwriter business model, providing a comprehensive suite of financing options available from selected underwriting partners, which include banks, lessors, and other financial institutions. Its financing solutions are delivered through both traditional bricks and mortar A store (shop, supermarket, department store, etc.) in the real world. Contrast with clicks and mortar. channels and various Internet channels The Internet Channel is a version of the Opera 9 web browser for use on the Wii by Opera Software and Nintendo.[1] On December 22, 2006, a free beta version (promoted as a "trial version") of the browser was released. . Alliance Financing maintains a "high-tech, human touch" philosophy; utilizing a combination of proprietary technology - such as its private labelled online financing tools, selected ASP technologies, and a dedicated staff of finance professionals to deliver its products and solutions. For more information about Alliance Financing Group Inc. please visit www.alliancefinancing.com, or contact: About Ingram Micro Inc. As a vital link in the technology value chain, Ingram Micro creates sales and profitability opportunities for vendors and resellers through unique marketing programs, outsourced logistics services, technical support, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , and product aggregation and distribution. The company serves 100 countries and is the only global IT distributor with operations in Asia. Visit http://www.ingrammicro.com/corp or in Canada visit http://www.ingrammicro.ca. The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release. Alliance Financing Group Inc. (TSX VENTURE:AFG) |
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