Dell Announces Competitive Financing Promotions to Help Organizations of All Sizes Manage IT Rotation, Reduce Costs
-- Research finds leasing and refreshing x86 servers and related network
storage arrays every three years reduces total cost of ownership by up
to 25 percent vs. ownership1
-- From zero percent financing options to full circle leases, Dell helps
customers preserve capital to maximize IT investments to drive
innovation
ROUND ROCK, Texas--(BUSINESS WIRE)-- Dell Financial Services (DFS), the lending and financing division of Dell, today announced aggressive financing offers for U.S. based small, medium and large businesses and public organizations, to help customers preserve capital, maximize IT investments and drive innovation.
According to a new IDC whitepaper1 commissioned by Dell, many businesses looking to drive innovation, often with constrained budgets, are finding that leasing technology offers strategic, operational and financial benefits when compared to outright ownership. Specifically, IDC found that leasing and returning x86 servers and related network storage arrays every three years is up to 25 percent less expensive than buying, installing and operating the same equipment for six years. Once an x86 server reaches year four, the IT support requirements can increase substantially, raising operating expenses - even without applying any value to the increased downtime associated with older systems.
Responding to customer needs, Dell offers outstanding financing options including:
-- Zero percent financing2 to small and medium business customers and
deferred payments, rotation leasing and low rate financing for large
enterprises and public entities on all EqualLogic and KACE solutions.
-- The full circle lease is providing U.S. small & medium sized businesses
with easy-to-understand terms, no hidden fees or surprise final purchase
amounts, coupled with competitive pricing and servicing to acquire Dell
Laptops and Desktops.
-- Dell Business Credit (revolving credit) offers U.S. small & medium sized
businesses with special financing promotions featuring low fixed rates,
no minimum purchase size requirements, and no annual fees.
With ownership lease terms from 12-48 months, customers can get the technology they need today and benefit from fixed regular payments with rates as low as zero percent2. For more information, visit www.dellfinancialservices.com or contact your Dell sales representative.
Quotes:
"Business leaders are continuing to challenge their IT departments to enable innovation within their organizations while reducing total operating costs. To achieve this, IT professionals will need to shift their IT acquisition model from 'buy once, fix forever' to an 'acquire, run and renew' approach," said Joseph Pucciarelli, IDC program director, technology financing and executive strategies.
"Our commercial lending originations have grown more than 20 percent year-over-year without seeing an increase in defaults. We are very encouraged by this trend and believe the market will continue to strengthen, allowing us to further support growing businesses with extremely competitive financial solutions," said Don Berman, president, Dell Financial Services.
About Dell
Dell (NASDAQ: DELL) listens to its customers and uses that insight to make technology simpler and create innovative solutions that deliver reliable, long-term value. Learn more at www.dell.com. Dell is a trademark of Dell Inc.
Dell disclaims any proprietary interest in the marks and names of others.
1 IDC. White Paper Sponsored by Dell, "Managing IT Infrastructure Renewal: A Business Framework to Reduce Server and Storage Costs," September 2010.
2 Zero percent financing may not be combined with other offers or discounts. Offers not available through PartnerDirect.
Financing options provided by Dell Financial Services L.L.C. to qualified customers in the U.S. All terms are subject to credit approval and availability and may change without notice.
Source: Dell
Released February 10, 2011