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Insight Investments Launches Vendor Financing Platform

August 25, 2015, 07:06 AM
Filed Under: Vendor Finance News

Insight Investments, LLC announced that it has launched a new vendor financing platform that will give technology manufacturers, systems integrators (SIs) and managed service providers (MSPs) the ability to offer customers a broad range of financing tools to help them align their technology needs with their financing objectives. This new organization will be led by Scott Sullivan, who has joined Insight Investments as Senior Vice President of Vendor Finance.

"This initiative addresses the needs of many in the market who want to make it easier for existing and new customers to acquire their solutions and services," said Richard Heard, president of Insight Investments, LLC. "We are pleased that Scott Sullivan has joined our team to drive this effort as he has the background and experience to make it an all-around success -- for our company, our partners, and their customers."

Scott joins Insight Investments with twenty years of experience in the technology vendor finance industry. Most recently, he was with Key Equipment Finance where he held a number of executive-level positions including senior vice president of the technology finance platform and senior vice president of global vendor program management. Scott brings valuable experience and a successful track record in building vendor financing businesses.

For this new initiative, Insight Investments is leveraging its industry-leading leasing platform for enterprise customers, and bringing the benefits to the vendor community. Insight Investments will provide technology vendors the ability to offer their customers a range of unique payment options including leasing, financing, and various usage based-billing capabilities. By partnering with technology manufacturers, SIs and MSPs, Insight Investments will help them to sell more solutions more profitably.

"We recognize that technology companies and service providers want to focus on doing what they do best: deliver the best technology solutions for their customers. A program with Insight will assure that they have a strategic partner focused on helping their clients with a payment option that meets their financial objectives as well," said Scott Sullivan, senior vice president of vendor finance, Insight Investments, LLC. "Insight's 28-year track record of success will immediately translate into significant benefits for the vendor community and their customers."

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