IT financing company Syscap have introduced an
instant ‘decision in principle’ service for resellers brokering IT
The immediate response service for qualifying
customers will include a finance quote and an analysis of the cost
of the lease compared with a cash purchase.
Syscap said the facility is the first of its
The new service is part of an upgrade to
company’s Syscap Online and Option One partnership programme.
Syscap said the service will cut the time down
to seconds from the days it would take previously for a reseller to
find out if a customer will qualify for finance or not.
Philip White, chief executive of Syscap, said:
“This makes an incredibly powerful sales tool for the IT reseller
community because customers will be more ready to commit then and
“We are delighted to be the first finance
company to offer this unique service to resellers.”
The Syscap Online system will allow resellers
to identify customers’ finances at glance through a traffic light
feature where green means the proposal is agreed in principle
subject to underwriting, amber means further information is
required and confirmation may take a further 24 hours and red means
Syscap is unable to provide funding for the deal.