Dell Announces Economic Stimulus Package for Small and Medium Businesses - Zero Percent Financing
Leasing Helps Lower Initial Costs and Increases Access to Latest Technology for Improved Competitiveness and Productivity Businesses Can Save Even More with Energy Smart Servers Included in Promotion
ROUND ROCK, Texas--(BUSINESS WIRE)-- Dell Inc. (NASDAQ: DELL):
The News:
-- Responding to strong customer demand for its recent zero-percent
36-month financing offer on EqualLogic storage solutions, Dell today
announced unbeatable financing deals on select Latitude laptops and
PowerEdge Energy Smart servers.
-- According to the National Federation of Independent Business Small
Business Economic Trends(1) data, U.S. small business owners are
deferring non-essential projects, and the number planning to make
capital expenditures in the coming months fell to 17 percent.
-- The zero percent $1 buy-out lease promotion(2) is ideal for small and
medium businesses looking to refresh their technology for better
performance, productivity, lower maintenance costs and higher energy
efficiency, while preserving capital for other necessary expenditures.
What's more, for only $1, customers own the equipment at the end of the
lease term.
-- "What's great about the $1 buy-out offer is that most customers
refreshing their technology infrastructure will qualify," said Erik
Dithmer, vice president and general manager of Dell Small and Medium
Business, Americas. "Customers want exceptional value, especially during
tough times, and we think Dell is best able to deliver solutions and
financing options that help customers stay productive, lower costs and
improve cash flow."
-- Qualified customers can take advantage of 36-month lease terms for low
payments, as well as quarterly billing that requires less paperwork
while providing the same predictability.
-- The financing promotion is available on selected Latitude E5500, E6400
and E6500 laptops and PowerEdge 1950 and 2950 Energy Smart servers, for
technology totaling $25,000 or more. The promotion ends May 1, 2009.(2)
-- "We were quickly outgrowing our current storage infrastructure and
needed an iSCSI storage area network solution that didn't consume too
much capital," said Ted Vibbert, AVP/IT Director, at Brightclaim, an
Atlanta-based provider of integrated claims solutions to the property
and casualty insurance market. "With the special promotion from Dell, we
got the EqualLogic solution we needed to store and protect our data,
serve our customers and provide a flexible storage solution for our
growing business."
Additional financing and leasing offers available to small and medium businesses include:
-- No payments for 90-days onFair Market Value (FMV) lease rotation
programs(3)which allow customers to lease their technology and return or
exchange it at the end of the term, providing access to the latest
technological advancements and total cost of ownership that's as much as
20 percent lower.4 Offer ends May 1, 2009.
-- Dell Business Credit is also available as an additional revolving line
of financing. Qualified customers can take advantage of rates as low as
9.99 percent.5
-- For additional details on the benefits of leasing, check out a recent
Dell Financial Services interview on the Small Business Blog.
Additional Information:
Dell Small and Medium Business Financing
Financing can help stretch your budget blog post
About Dell
Dell Inc. (NASDAQ: DELL) listens to customers and delivers innovative technology and services they trust and value.
(1)NFIB Small Business Economic Trends, William C. Dunkelberg, Holly Wade, Jan. 2008.
(2)0% PowerEdge/Latitude Leasing Offer: applicable for 36-month QuickLease with $1 Buyout end-of-lease purchase option and quarterly rent payments due in advance. For qualifying configurations of PowerEdge models 1950ES and 2950ES and Latitude models E5500 and E6400 and E6500 only. Minimum transaction amount of $25,000. 0% is the discount rate that causes the stream of lease payments to be received over the initial term of the lease to be equal to the original cost of the equipment when calculating the present value of those future payments. This percentage does not include any charges other than 12 quarterly rent payments (such as taxes, fees, shipping or handling charges). $75 documentation fee applies. All terms subject to credit approval and availability and can change without notice. Provided by Dell Financial Services L.L.C. ("DFS") to qualified Small Business customers in the U.S. Valid February 5, 2009-May 1, 2009.
(3)Monthly payment based on variable month QuickLease with Fair Market Value (FMV) end-of-lease purchase option with the first three monthly payments as $0, and does not include taxes, fees, shipping and handling charges. Monthly payment may vary depending on your creditworthiness. Not valid on past orders or leases. Provided by Dell Financial Services L.L.C., ("DFS"), to well-qualified Small and Medium Business customers in the U.S. Minimum transaction size of $500 required. All terms subject to credit approval and availability, and can change without notice. Valid for orders placed before May 1, 2009.
5Dell Business Credit - Offered to U.S. residents by CIT Bank, who determines qualifications for and terms of credit. Promotion eligibility varies and is determined by CIT Bank. Qualifying for Small Medium Business Account does not guarantee promotion. Taxes, shipping, and other charges are extra and vary. Minimum monthly payments are the greater of $15 or 2.5% of account balance.
Source: Dell Inc.
Released February 10, 2009