New Polycom Financing Offers Working Capital to Partners

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http://www.thevarguy.com – Polycom (NASDAQ: PLCM), fresh off the biggest product announcement in its 22-year history, now is backing that effort with a new financing program for channel partners that offers extended payment terms and higher credit lines for their purchases of the video collaboration vendor’s products. With Polycom’s channel financing–underwritten by GE Capital–partners will be able to extend payment terms for 90 days, in effect enabling them to collect from their customers before having to pay for inventory. According to Polycom, longer terms and alternative financing options are (IT news)