National Bank of Fujairah Partners with StorIT to Strengthen Channel Financing for Tech Ecosystem
Under the partnership, NBF and StorIT will co‑create bespoke financing programmes designed for the needs of system integrators, resellers and enterprise end‑users.
National Bank of Fujairah (NBF) and StorIT Distribution announced a strategic alliance to deliver tailored channel financing solutions to technology clients across the UAE. By combining StorIT’s extensive partner network and market reach with NBF’s specialist expertise in technology financing, the collaboration will expand access to flexible working capital solutions that support growth across the technology value chain.
Under the partnership, NBF and StorIT will co‑create bespoke financing programmes designed for the needs of system integrators, resellers and enterprise end‑users. The solutions will focus on enabling customers to manage cash flow more effectively throughout the technology project lifecycle, supporting procurement, deployment and adoption of advanced digital infrastructure.
“Technology innovators and channel partners are at the forefront of the UAE’s digital economy. Through our alliance with StorIT Distribution, we are bringing the right financing, at the right time, to help these businesses deliver projects with confidence, accelerate innovation and scale sustainably.”
– Rehan Ali, Head of Business Banking Group, National Bank of Fujairah
” The ability to extend bespoke trade and project financing solutions, in partnership with NBF, opens up opportunities of immense value to our vast Reseller Channel ecosystem. NBF’s unique industry-focused coverage and its commitment to empower the technology sector seamlessly compliments StorIT’s constant endeavour to enable its resellers with competitive advantage to succeed in winning projects across datacentre infrastructure, cloud, cybersecurity and AI domains.”
– Suren Vedantham, CEO, StorIT Distribution
