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8 Ways Eaton Is Helping Partners And Healthcare Workers Combat Coronavirus

From donating face shields to healthcare workers to giving away its power management software for free, here are eight ways Eaton is helping the world fight the coronavirus pandemic.

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Extending Financing To 90 Days With No Interest

Eaton is extending its financing from 30 to 90 days, interest free, specifically for partners in the company’s flagship PowerAdvantage Partner Program. The offering is effective until Dec. 31, 2020, and is available at distributors Ingram Micro, Tech Data, Synnex and ScanSource.

The new 90-day interest free financing for partners was created after hearing concerns from the channel that projects were being stalled due to customer cash flow uncertainties stemming from COVID-19.

“We wanted to get that log-jam out of the way and make the partners feel more conformable. So we pay the interest on that 90 days. We wanted to make sure the economics of our channels continued and we didn’t see projects stalled,” Gangi said.

“We are telling partners, ‘We understand the situation you’re in. You may not get your loans from the government. Your clients may not have cash flow for the next 90 days. So why not take your distribution terms and extend them by 90 days and give yourself some relief,” he said.

Eaton’s PowerAdvantage, which received a five-star rating in CRN’s 2020 Partner Program Guide, is a three-tier program that offers discounts, joint marketing planning, loyalty programs, point-based rewards, marketing development funding, online tools and rebates, to name a features.

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