Launched last week to help assist professional A/V resellers through challenging economic times due to the COVID-19 global pandemic, Almo Corporation has expanded the Almo Financial Relief Program with help from its largest home appliance vendors. As part of this program, Almo is offering an additional 30 days of extended floor plan credit terms to qualified independent retail dealers on appliances purchases made from Almo through April 30, 2020.
Almo Financial Relief Alliance Home Appliance partners include Electrolux/Frigidaire Major Appliances, LG Home Appliances, Samsung Home Appliances and Sharp Appliances.
According to Jack Halperin, senior vice president, Dealer Channel Division, Almo Corporation, “The uncertainties associated with COVID-19 have created challenging business situations for many of our independent appliance dealers as they work to stay an essential part of keeping residential homes operational. Our traditional order, shipment and delivery turnaround times may also be slightly lengthened over the next month. The additional 30 days of extended floor plan terms will help dealers stock the necessary inventory needed to address any immediate consumer demand that arises.”
To learn more about the Almo Financial Relief Alliance, independent retail dealers should contact their Almo Account Manager.