SOURCE: Westcon Group, Inc.

December 04, 2007 16:17 ET

De Lage Landen Financial Services and Westcon Group North America Partner on Financing Program, Providing 60-Day, Interest-Free Terms to Resellers

Westcon Group North America Continues to Build Its Financial Services Practice to Deliver Flexible Financing Terms for Customers

TARRYTOWN, NY--(Marketwire - December 4, 2007) - Westcon Group, Inc., the leading specialty distributor in networking, convergence, security and mobility, and De Lage Landen Financial Services, a global provider of high-quality asset-based financing products to manufacturers and distributors of capital goods, announced a partnership between Westcon Group North America and De Lage Landen's Commercial Finance business unit to deliver turn-key finance solutions to Westcon Group North America's customer reseller base.

As a result of the agreement, qualified Westcon Group North America resellers can now receive free 60-day financing terms on equipment purchased through Westcon. This can provide customers with the ability to better manage cash flow, ease administration, and increase their purchasing power.

"One of De Lage Landen Commercial Finance's strategic initiatives is to continue to expand by partnering with global industry leaders. Westcon Group is a perfect fit for us due to similarities in our go-to-market strategies. Additionally, we have complementary geographic footprints in the U.S. and abroad," says Bruce Baker, vice president of national accounts, commercial finance for De Lage Landen.

Chuck Thropp, chief financial officer of Westcon Group North America, added: "The primary role of our financial services group is to provide an array of flexible financing options for our reseller customers. Our new relationship with De Lage Landen enables us to substantially add to our offerings, providing an option for 60-day, interest-free terms."

Westcon Group's North American businesses were recently presented several awards from CRN's recent sourcing study including "#1 Financing (Specialty)" and "#1 Available Credit Line (Technology Specialty)." These awards were based on an extensive survey which included thousands of U.S.-based resellers.

John Marks, president of JDM Infrastructure, a Chicago-based reseller, said: "Westcon's new arrangement with DLL will help make it easier for us to better manage our cash flow and take on large opportunities. In this day and age, a reseller-distributor relationship has to be built on much more than products and logistics. Westcon Group helps us be more successful through innovative financing, solutions programs and a targeted product mix."

About De Lage Landen

De Lage Landen is a Netherlands-based global provider of high-quality asset finance and vendor finance programs. The global offering also includes an array of commercial finance solutions. With a presence in more than 25 countries throughout Europe, the Americas and Asia Pacific, the company focuses on the following industries: Food & Agriculture, Healthcare, Office Equipment, Information Technology, Telecommunications, Financial Institutions, Trucks & Trailers, Public Finance and Materials Handling & Construction. In its domestic market, the company offers Equipment Leasing, Car & Commercial Vehicle Leasing, ICT Leasing, Consumer Finance and Factoring through local Rabobanks but also directly to the market.

About Westcon Group

Westcon Group, Inc. is the leading specialty distributor in networking, security, mobility and convergence for leading technology vendors, including Cisco, Nortel and Avaya, Inc. Through its Westcon, Comstor and Voda One business practices, Westcon Group sells products and services to resellers, systems integrators and service providers. Westcon Group has particular expertise in the convergence of voice, data and video applications and technologies, including voice-over Internet protocol, or VoIP, security for networking and communications systems, remote access, Internet and e-business, virtual private networks, videoconferencing and wireless connectivity. For more information, visit

Contact Information

  • Contact:

    Jeffrey Touzeau
    Westcon Group, Inc.
    (914) 829-7388
    Email Contact