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Arrow Electronics Launches New Business to Help VARs Deliver Global Financial Solutions.


ENGLEWOOD, Colo. -- The North American North American

named after North America.


North American blastomycosis
see North American blastomycosis.

North American cattle tick
see boophilusannulatus.
 Computer Products group of Arrow Electronics Arrow Electronics NYSE: ARW is a Fortune 500 company headquartered in Melville, New York. This company specializes in products and services of electronic components and computer products.  (NYSE NYSE

See: New York Stock Exchange
: ARW ARW Air Refueling Wing
ARW Advanced Research Workshop
ARW Associated Resume Writers
ARW Army Ranger Wing (Irish Special Forces)
ARW American Revolutionary War
ARW Angle Random Walk
ARW Aeroelastic Research Wing
) announced today that Arrow VARs can now deliver leasing solutions to their end-user customers through a new financial vehicle, Arrow Electronics Global Financial Solutions.

Arrow Electronics Global Financial Solutions will be the primary leasing program available to VARs working with Arrow's MOCA MOCA Museum of Contemporary Art
MOCA Multimedia over Coax
MoCA Museum of Chinese in the Americas
MOCA Minnesota Ovarian Cancer Alliance
MOCA Montezuma Castle National Monument (US National Park Service) 
 and Enterprise Storage Solutions divisions, yet is available to VARs doing business with any of Arrow's enterprise computing Refers to information technology in the larger company. See enterprise data and enterprise networking.  divisions.

"Arrow Electronics Global Financial Solutions will allow many of our resellers to extend their reach with their own customers and give them a trusted financial partner to complete their solution offering," said Mike Long, president, Arrow North American Computer Products. "Our resellers already have firsthand experience with Arrow's financial strength and partner-centric approach. They won't have to test their confidence when tapping into our new financial solutions offering as they would with an unfamiliar lessor."

When VARs finance a customer through Arrow Electronics Global Financial Solutions, they will earn a fee based upon the leasing program that the VAR sells. Fees will be paid on fair market value leases as well as dollar buyout contracts. Fees will be calculated on new financing regardless of hardware brand and will include software and services. This sets Arrow Electronics Global Financial Solutions apart from many leasing programs that do not calculate fees on all product categories.

Arrow will also work with VARs on portfolio management to help VARs optimize their revenue opportunities by advising them on the right time to revisit a customer with leasing options.

Arrow is rolling out Arrow Electronics Global Financial Solutions to VARs in a comprehensive package that includes sales collateral for both VARs and end-users, as well as an upcoming series of webinars designed to educate VARs on the offering and how to market it to end-users.

"Arrow's ability to deliver financial services which we can offer to our clients is the right company making the right offer at the right time," said Dave Condensa, president and 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. , Helio Solutions. "This not only gives us the incentives to sell their services but will integrate well with the product groups allowing us to cut down lead times. Arrow has delivered on every expectation and I am sure that Arrow's Global Financial Solutions will too."

Arrow's SBM SBM - Solution Based Modelling  and Support Net divisions will continue to offer HP's and IBM's financial services tools as their lead programs.

About the North American Computer Products group of Arrow

Electronics

The North American Computer Products group of Arrow Electronics, Inc. (NYSE: ARW) is a leading distributor of enterprise and embedded computing systems to resellers and OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and  customers in North America. Based in Englewood, Colo., the group is comprised of four divisions that make up Enterprise Computing Solutions (Support Net, SBM, MOCA, Enterprise Storage Solutions) and OEM Computing Solutions, which serves industrial OEMs and intellectual property-based companies. Visit all of our divisions at www.arrownacp.com.

Arrow Electronics is a major global provider of products, services, and solutions to industrial and commercial users of electronic components and computer products.
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 16, 2005
Words:507
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