Menu
Tradewinds brings loan calculation tool to A/NZ partners

Tradewinds brings loan calculation tool to A/NZ partners

Reduces manual risk assessment to online enquiry

Tony Heywood (Tradewinds)

Tony Heywood (Tradewinds)

Credit: Tradewinds

Master agent Tradewinds has launched a new application aimed at speeding up Australian and New Zealand partners’ access to loads.

The tool, AnticiPAY, which was originally launched in the United States earlier this year, calculates partners’ commission and determines the amount of money they can borrow against that through Tradewinds' commission advance program. 

It is claimed that the tool, which was developed internally, can cut out lengthy calculation processes and negotiations down to an online form, reducing cash deposits from weeks to two days.

“It’s about funding a partner for growth instead of getting a customer into a finance contract,” Tony Heywood, Tradewinds A/NZ VP told ARN.

Under the terms of AnticiPAY, partners are able to borrow up to ten times their residual commission flow, without payments for a year, while the interest is based on the partner’s total book of business with Tradewinds.

The application was programmed using variables such as partners’ total size of the commission stream, the product make-up and then commission concentration on both the customer and supplier side.

From this, it creates a predictable risk profile of partners’ that updates upon sales and registrations.

Founded in the US as Telarus, Tradewinds first launched in Australia under the new name in August 2018, under the leadership of Heywood, an ex-Westcon Comstor executive and AGC Networks country manager.

Since then, it has added vendors such as Mitel and Cato Networks to its A/NZ portfolio. 


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags Tony HeywoodTradewindsAnticiPAY

Brand Post

Featured

Slideshows

Reseller News hosts alumnae breakfast for Women in ICT Awards

Reseller News hosts alumnae breakfast for Women in ICT Awards

Reseller News hosted its second annual alumnae breakfast for the Women in ICT Awards in New Zealand, designed to showcase the leading female leaders in the industry. Held at The Cordis in Auckland, attendees came together to hear inspiring keynotes and panel discussions, alongside high-level networking among peers. Photos by Gino Demeer.

Reseller News hosts alumnae breakfast for Women in ICT Awards
Reseller News Innovation Awards 2019: meet the winners

Reseller News Innovation Awards 2019: meet the winners

Reseller News honoured the standout players of the New Zealand channel in front of more than 480 technology leaders in Auckland on 23 October, recognising the achievements of top partners, emerging entrants and innovative start-ups.

Reseller News Innovation Awards 2019: meet the winners
Show Comments