VOW Offer New Credit Terms

VOW Offer New Credit Terms

VOW in partnership with American Express has announced a new extended credit terms scheme to resellers. In the new “no cost or catches” scheme, resellers can apply for a 30-day extension on their current credit terms.

This new initiative is the first of its kind from a broad line business and facilities supplies wholesaler. It is open to all VOW resellers in the UK.

VOW managing director Adrian Butler says:

“We’re really excited to be offering this game-changer, which has been a year in the making. It will see resellers currently with payment periods of 60 days, for example, now potentially extending them to 90, following a simple application process. The scheme has no cost or catches for resellers, who’ll deal directly with us, not a third party.

“Resellers will be able to use the cash freed-up for any purpose they like, including supporting growth plans, attracting new business, safeguarding existing revenue or simply easing any cash flow pressure. We developed the scheme following conversations with resellers about what’s important to their businesses.”

VOW Jan/San Sales Doing Well

Meanwhile, VOW has also announced a 10% rise in the sales of jan/san products in the past year. VOW invested £500,000 in recruiting specialists and increasing knowledge in the category, marketing support and broadening the product range.

The most popular products this year have been within the cleaning and catering categories. These include; cleaning chemicals, mops, buckets, cloths and wipes. In addition, white goods, beverage and vending machines, cutlery, hot and cold drinks and sugar have also been in demand.

A couple of months ago VOW launched several exclusive product ranges of its own, covered in our article VOW Launches Exclusive Brands. These ranges include the professional cleaning range, 2Work and the MyCafé catering range.

VOW has over 5,000 facilities supplies products available in catering, health and safety, premises management and cleaning and janitorial supplies.

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Sam Rose