Almo Professional A/V today introduced the Almo Financial Relief Alliance in partnership with some of its leading manufacturing vendors. As part of this program, Almo is offering an additional 30 days of extended credit terms to qualified reseller partners.
Almo Financial Relief Alliance manufacturers include alliances with LG Business Solutions USA, AtlasIED, Avocor, Barco, BrightSign, Harman Professional Solutions, Huddly, Kramer, Legrand US, Maxell, NEC, Peerless-AV, Sharp, Sony, TOA Electronics and Samsung.
“Due to the COVID-19 pandemic, we realize that some installations are on hold and that cash flow is a challenge for many of our customers,” said Sam Taylor, executive vice president and COO for Almo Professional A/V, in the company announcement.
“Almo Financial Relief Alliance is here to help with an additional 30 days of extended terms. This allows our partners to continue planning ahead as much as possible. We all remain hopeful that the tide will soon change so our partners can get back to the normal pace of business and continue creating amazing AV installations and experiences,” he said.
“We recognize the adversity faced by many in the industry and LG wants to do our part by supporting the Almo Financial Relief Alliance,” said Clark Brown, VP of LG Business Solutions USA, in the announcement.
“The pro AV industry will be vital to getting business back to work. We are proud to stand by Almo and the AV resellers to offer assistance and build for the future,” he said.
Another Coronavirus-Related Almo Initiative
Bloom Energy Corp. and Almo Corporation announced recently they are joining forces to refurbish unused, out-of-warranty ventilators and ship them to state agencies and hospitals across the country as an increasing number of patients experience critical respiratory issues as a result of the coronavirus pandemic.
Bloom is refurbishing the ventilators, while Almo is using its national logistics network to ship the ventilators to and from Bloom’s manufacturing facilities in California and Delaware for refurbishment and to the state agencies and hospitals that need them the most.
The Society of Critical Care Medicine estimates that 960,000 coronavirus patients in the U.S. may need to be put on ventilators, but there are only about 200,000 such working machines available.