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Almo Financial Relief Alliance Expands Program To Support Home Appliance Dealers

Program offers independent retail dealers an additional 30 days of extended floor plan credit

Almo Corporation has expanded the Almo Financial Relief Program with help from its largest home appliance vendors. Launched last week to help assist professional A/V resellers through challenging economic times due to the COVID-19 global pandemic, this program offers 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.

“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,” said Jack Halperin, senior vice president, Dealer Channel Division, Almo Corporation in a statement. “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.”

Almo Financial Relief Alliance Home Appliance partners include Electrolux/Frigidaire Major Appliances, LG Home Appliances, Samsung Home Appliances and Sharp Appliances.

To learn more about the Almo Financial Relief Alliance, independent retail dealers should contact their Almo Account Manager.

About Almo Corporation
For more than seven decades, Almo Corporation has served as the largest independent distributor of appliances, consumer electronics, professional Audio/Video equipment, furniture and housewares in the United States. Meeting the needs of retailers across the country, Almo operates nine regional distribution facilities with over 2.5 million square feet of warehousing.

See also: Almo Professional A/V Launches Almo Financial Relief Alliance