The new division – Strategic Innovative Partnership Financing, or “SIPFIN LLC,” – will assist SIP Print customers in dealing with the financial complications associated with business operations. According to Jonathan Fuld, chief technology officer at SIP Print, new technology is entering the market at an ever-increasing pace and, for growing businesses, choosing the right equipment, markets and financing that meets their needs today is difficult, and anticipating what they may need tomorrow is nearly impossible.
However, SIP Print’s new partner will align the company with providers to deliver financing solutions and strategies to its customers, so that technologies, market expansion and other business financing needs can now be taken care of through SIP Print’s new financial assistance division.
In a recent discussion with TMCnet, Fuld said that the new division was a natural extension of SIP Print’s business. “We have a distribution network of solid distributors, resellers and end users,” Fuld said. “So now, SIP Print can finance the purchase of call recording, and indeed it can finance all things related to making a call – all things telephony.”
With companies in the customer relationship management, or “CRM,” industry – as well as other telecom industry sectors – making more business deals in order to strengthen professional character during the current economic recession, the new partnership is key to SIP Print’s continual customer success.
According to Fuld, the natural extension of the business process is to offer financing to all things technology for the SMBs in the telecom industry, and then of course, all the financing related to SMBs including equipment and receivables.
“SIPFIN LLC offers the same excellent customer service that is found with the SIP Print product line,” he said, adding that the new division of the company offers financing, leasing and other CAPEX conversion vehicles for the SMB.
With credit markets tightening up for the SMB, and with credit card companies raising rates astronomically, small banks are failing in the current economy and, thus, refusing to lend them to the SMB, these organizations need to find a place to turn.
“They [can now] turn to SIPFIN. We are unique in that we market and deliver through our proprietary distribution channel,” Fuld said. “We deliver through our proprietary distribution channel. The customer benefits in that they have a one stop shop to buy telephony, call recording, and now financing/leasing through their single reseller.”Kelly McGuire is a TMCnet Web editor, covering CRM and workforce technologies, and anchor of its daily TMC Newsroom video broadcast. Kelly also writes about eco-friendly "green" technologies and smart grids, compiling TMCnet's weekly e-Newsletters on those topics, as well as the cable industry. To read more of Kelly's articles, please visit her columnist page.
Edited by Kelly McGuire