Henry Howard Finance (HHF) has agreed to provide vendor finance for Infinite Distribution, a Hertfordshire-based CCTV and security distributor.
Infinite Distribution was founded in 2013 and distributes CCTV systems. The deal will allow security installers who purchase Infinite Distributions products to access asset finance from HHF. The business hopes that the partnership with HHF will drive an increase in sales volumes.
Gareth Williams, account manager at Henry Howard Vendor Finance, said: “Our partnership with Infinite Distribution is an exciting development and we are optimistic about the security sector developing across the UK.
“Over the last 20 years, Henry Howard has supported many independent installers, and we are pleased to be working so closely with one of the UK’s leading distributors moving forward.”
Installers who use Infinite Distribution will have access to ‘HowApp’, HHF’s online lease portal, which provides automated credit decisions and agreements with e-signature features.
Melanie Day, business development manager of Infinite Distribution, said: “We are delighted to be able to provide flexible funding solutions to Infinite Distributions’ ever-growing portfolio of customers, and to drive sales opportunities for our installers.”
James Barnes, account manager at Henry Howard Vendor Finance, said: “We look forward to supporting Infinite Distribution adopt leasing solutions across their installer base, and to demonstrating how effective leasing can be in reducing transaction and payment times.”
The scheme was launched on 1 August.