De Lage Landen announced it has partnered with Hewlett Packard (HP) to offer a new extended finance program to all qualified U.S. resellers when they purchase eligible HP products. The program provides up to 60 days of interest free credit by extending indirect financing through authorized distributors: D&H, Ingram Micro, Synnex and Tech Data.

“This extended financing program is designed to help HP reseller partners improve their liquidity and increase their cash flow as well as their potential for profit when purchasing and reselling HP products,” said Matt Smith, Director, Americas Partner Marketing, PPS HP.

Through the extended terms program, resellers have the ability to increase their profitability with the strength, reach and flexibility of trusted finance provider.  Taking advantage of this program offers resellers the benefits associated with additional working capital and increased cash flow, as well as 24/7 access to De Lage Landen’s state-of-the-art online system, allowing customers to monitor their account and track payments and invoices.

“We are excited to work with HP to provide extended terms and additional credit capacity to the Channel.  DLL’s global capabilities and strong, stable parentage are a perfect solution to meet the needs of HP’s Resellers,” said John C. Reed, President – De Lage Landen Commercial Finance.

De Lage Landen, a fully owned subsidiary of Rabobank Group, specializes in asset-based financing programs for equipment manufacturers, dealers and distributors all over the world.