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15 September 2008 – Syscap (www.syscap.com), the UK’s leading independent IT finance provider, has signed 26 new partners to its recently enhanced finance programme, Option One. Leading channel partners including TSG, Sage, Autodesk, Promethean, Access, Lakeview, Datel, CADLine and ADA are among the growing list of hardware and software vendors, managed services providers and IT trade bodies who have joined the scheme since its launch in January this year.

Increasing numbers of IT vendors are choosing Option One, a completely integrated partner finance programme, to help embed finance into their product and service offerings. With a dedicated Syscap account manager, training and marketing tools, together with joint-branded documentations and sales aids such as automatic cash-versus-lease illustrations via a real-time trading portal – Syscap Online – Option One is fast becoming a best-practice finance solution for the IT trade.

“Working with Syscap has enabled us to make finance a key selling point when dealing with our customers,” says Jim Henderson, Sales Director at TSG. “Not only does Syscap understand us and our business, they have also developed an online finance tool that is now part and parcel of the way our sales teams do business. The ability to provide instant finance illustrations, quotations and decisions has encouraged our sales team to embrace finance and we have been closing more business more often as a result.”

Recent enhancements to Option One include a new sales rewards scheme ’Option One Rewards’, an updated version of Syscap Online and a new dedicated multi-tiered vendor services team. Each team is handpicked to meet the needs of its Option One partner, delivering both technology- and sector- specific expertise as well as helping to identify new markets and business opportunities.

“The growing success of Option One is indicative of a real need among vendors and service providers of all sizes to offer finance from the very start of the sales process,” says Philip White, CEO of Syscap. “We are working closely with our partners to help them make the most of every new business opportunity that arises, to identify areas for business growth, and to demonstrate the financial benefits to customers of paying over time for IT and services.”

Ends.

Syscap
Syscap is the UK’s leading independent IT finance provider. Syscap works directly with clients and in partnership with industry-leading IT vendors, equipment suppliers, ISVs and other business service providers. Through tailored, innovative finance solutions, Syscap enables commercial, professional and public sector organisations of all sizes to acquire the business assets and resources they need, without traditional budgetary constraints.
Founded in 1990, Syscap now employs over 110 people across the UK and Europe, has annual revenues in excess of £160 million and £350 million of assets under management.
www.syscap.com
For further information, please contact:
Caroline/Ben Bush
The Crocodile
Tel: 020 7749 4400
Caroline.ward@thecroc.com/ben.bush@thecroc.com
or

Philip White
Chief Executive Officer
Syscap Limited
Tel: 020 8254 1800
pwhite@syscap.com

Issued by: The Crocodile, The Lux Building
2/4 Hoxton Square, London N1 6NU
www.thecroc.com

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