FIDC, LLC
FIDC experience has been perfecting sales funding programs built specifically to technology resellers for nearly ten years. Our Precision Pay Programs have incorporated the best of multiple funding programs for technology resellers into one customized package.
If you have any questions or just want more information;
Contact a Precision Pay Account Manager at
214-
Our goal is to make you successful:
F. lexibility
I. ncrease
D. elay
C. ombine
Precision Pay can make it happen!
Q: Does the customer have to fill out a lot of up front paperwork to see if they qualify for precision pay programs?
A: The precision pay program is built to be as easy on the customer as possible. We will need to be provided the accurate customers company information (Corporate name, corporate address, and Dunn & Bradstreet number). We will also need the customers contact information (Name, phone, email). The majority of customers are qualified with only this information. If the customer is a new company, less than ten employees, no D&B number, or poor credit history, more information may be requested.
Q: How do we get paid? Manufacturers will require us to pay it all up front; we cannot wait and get paid in increments like the customer is paying.
A: FIDC will pay the full funded amount, minus interest and administrative fee’s, through a wire transfer/ACH to the reseller. We pay on net 30 terms just like most resellers require their customers. The incremental payments are only between the customer and the financial institution utilized for the precision pay program.
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