Financial Services

Empowering Solution Providers through Flexible Financial Services

ScanSource Security's Reseller Financial Services department offers enhanced programs, tools and services to help you find the financial solutions that are right for your business.

Direct services available through ScanSource Security:

  • Relationship Managers who take a proactive approach to your business
  • Tailored financing options outside the normal credit terms
  • Flexible credit limits to match your growth needs
  • Access to alternative funding options

Services available through our financial partnerships:

  • Leasing programs designed to increase your cash flow, free up your ScanSource Security credit limit and reduce your DSO*
  • Working Capital program designed to expand your access to capital and liquidity and improve your ability to reinvest in your business
  • Business Advisory Services aimed at providing effective solutions to support your growth and assist in directing you to a path for success.

CREDIT

ScanSource requires a completed customer application for all forms of credit terms with the exception of prepayment by cashiers check.

Download a Customer Application
Online Customer Application
Multi-Jurisdiction Form

Please fax the customer application to (864) 286-4544 or mail it to:

ScanSource
Attn. Reseller Financial Services Department
6 Logue Court
Greenville, SC 29615

*Note: This is not a payment remittance address. See "Payment by Check" below for additional remittance information.


**Please make sure your customer application is completely filled out to avoid any delays in processing. To ensure that we keep our promise of selling only to qualified resellers, we must receive a copy of your reseller certificate before we can complete the approval process and ship your merchandise.

Please feel free to call us at 1-800-944-2439 ext. 4007 with any questions concerning the credit process.

Payment by Check
All payment remittances are listed on the invoice. If additional information is needed, please contact the Reseller Financial Services team at (800) 944-2439 ext. 4007.

C.O.D. Cashiers Check
Cashiers checks or money orders are accepted. Please note that certified checks are not accepted.

Credit Card
Visa and MasterCard are accepted.

Wire Transfer
Wire transfer is an excellent option for large orders exceeding your credit limit, or for prepay orders. Contact your bank and provide them with the following information:

JP Morgan Chase Bank, N.A. - New York, NY
Routing Number: 021000021
Account Number: 771070588
SWIFT Code: CHASUS33

When your bank contacts us with confirmation of the receipt of the wire transfer to our account, your order will be ready to ship. Be sure to notify your credit manager of the incoming wire transfer to ensure the timely processing of your order.

Bank Letter of Credit
A letter of credit is an instrument of finance, initiated by the reseller through a financial institution, promising to pay a designated sum of money under conditions agreed to by all parties.

Personal Guarantee
A personal guarantee is often used when a company cannot demonstrate enough business assets to support the limit desired. A personal guarantee requires the owner or other principle of your company to pledge their personal assets as additional security to support the line of credit. In order for a personal guarantee to be accepted, we may require any of the following:

  • The completed personal guarantee form
  • A signed copy of a current personal financial statement on the person signing the guarantee, or a copy of the individual's most recent federal tax return.

Floor Planning
Floor planning options are available to our reseller customers through leading financial institutions. Some of these institutions include GE Commercial Distribution Finance, IBM Global Financing and Textron Financial Corporation.

Security Agreement
The Purchase Money Security Interest (PMSI) is a security agreement to finance one purchase order(PO). It is done in conjunction with an Assignment of Proceeds where the end user routes the payment directly to a ScanSource lockbox. This agreement is used primarily for customers who have a large deal (outside normal business volume and above their credit line). This agreement expands the credit line for a specific PO by taking a first place security interest (ahead of any other secured parties) in the inventory and resulting receivable of that PO alone. Click here to download a Word document with more information.

LEASING

Through a partnership with LEAF Financial Corporation, ScanSource offers you leasing services that can provide you with the financing you need. LEAF is an equipment leasing company that offers sales and marketing driven programs designed to make financing easier and to help you increase sales.

LEAF's web-based servicing capability streamlines the entire leasing process for you, and LEAF's team provides training, makes customer visits and delivers marketing products.

To obtain more information about the LEAF leasing program through ScanSource, please contact your ScanSource sales representative or visit leaf-financial.com.

To use Leaf's Express Tools online, visit https://www.administration-services.com/leaf/.


LCA was established in 1988 to service vendors with lease financing needs primarily under $100,000. Since then, LCA has established working relationships with over 2,000 vendors of all sizes from across the United States and Canada.

These productive relationships have generated well over $400 million in leases for security, point of sale, ATM, cleaning equipment, pressure washers, office, radios, and a multitude of other products that are essential to the users’ daily business activities.

LCA is a full-service leasing company, funding and servicing the leases it originates. In 2005, LCA founded LCA Bank Corporation to augment its funding capacity.

SECURED CREDIT

  • Our mission is to develop a tailored financing relationship with our strategic growth partners
  • We offer a team of professional managers with backgrounds in banking, finance, leasing, and sales
  • We offer innovative financing options outside of the normal terms relationship

Benefits

  • Larger lines and flexible terms to match your growth needs
  • Direct access to working capital through collateralized loans and debt restructure options
  • Negotiated lending partnerships with competitive banks and Asset Based Lenders
  • Business consulting services and partnerships
  • Proactively positions you for rapid growth and seamless processing of all orders
  • Establishes a face-to-face relationship allowing us to offer financial plans that might not be available otherwise
  • Covered under a standard Security Agreement

WORKING CAPITAL

ScanSource Inc. has partnered with Action Capital Corporation to provide a Working Capital Program for our Business Partners. Action is the expert on working capital financing for small and medium sized U.S. businesses. Action is one of the nation's largest and oldest independent receivable finance companies with 40+ years experience. As an entrepreneurial, non-regulated financial institution, Action is more aggressive than banks and most other commercial finance companies. For more information, click here.

RESELLER SERVICES

MANUFACTURER SPOTLIGHT

ipConfigure offers an IP surveillance management solution that works with standard network cameras and video servers to provide video monitoring, recording and event management functions designed to be robust, intuitive and scalable. As an enterprise class surveillance solution Web-CCTV is capable of supporting unlimited cameras, recording servers, locations and users. Made possible through our three-tier application model that utilizes open-database architecture and an HTML based user interface.

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