Vertical Communications (News - Alert), a provider of next-generation, IP-based phone systems and voice applications, has announced the availability of Vertical Flexible Finance Solutions.

 

In partnership with a financial services company, TAMCO, Vertical Flexible Finance Solutions enables small to medium-sized businesses (SMBs) and enterprise customers the option to lease or rent any of Vertical’s telephony solutions, preserve cash, gain tax benefits and have the ability to upgrade their telephony system with the Shield Program.

 

The Shield Program, according to company officials, is a program similar to a Fair Market Value (FMV) lease, but is considerably more flexible.

 

Officials explained that if technology or business needs change, customers can completely replace their entire system without negative financial consequences, and there is no waiting period, no rollover balance, and no hidden costs for a company to upgrade their telecommunications system to newer technology.

 

“The Vertical Flexible Finance Solutions Shield Program is the perfect complement to our strategy for selling Vertical’s Wave IP 2500 as a monthly managed service with an all-in-one price to our customers,” said Michael Finaldi, president of New Jersey-based Telesolutions.

 

He also said that the program gives his company’s customer's exactly what they want in terms of value, while at the same time minimizes their risk, and importantly, it also eliminates the line item discounting and maximizes my deal size and profitability.

 

Dick Anderson, executive vice president and general manager at Vertical Communications, pointed out that Vertical Flexible Finance Solutions provides his company’s business partners and their customers with the industry’s “most unique and flexible financial services offering.”

 

“This powerful selling tool provides compelling, cost-effective alternatives to a cash purchase, and delivers a true competitive advantage to our dealers,” he claimed.

 

He added, “When paired with Vertical's industry-leading Wave IP 2500 system, our partners and their customers can hit a homerun - technologically, operationally and financially.”

 

“Vertical Flexible Finance Solutions combines Vertical's knowledge and success in the telecommunications marketplace with TAMCO's history of providing unique financial solutions,” said Paul Metzheiser, executive vice president of sales and marketing at TAMCO.

 

He also remarked that this combination offers a total enterprise solution “unmatched in the telecom arena that addresses Business, Technology, and Finance for Vertical's customers”