Businesses Turn to Leasing, Alternative Financing Options in Challenging Economic ClimateBusinesses Turn to Leasing, Alternative Financing Options in Challenging Economic Climate

•Many businesses looking to grow while conserving capital are finding technology leasing and financing offer strategic, operational and financial benefits compared with outright ownership, according to IDC.


•National Federation of Independent Business Small Business Economic Trends data shows more business owners expect borrowing will be more difficult in the coming months, suggesting alternative financing and leasing options are becoming more appealing.


Dell responding to Customer Needs with Expanded Financing Offers, Price Reductions


•Dell announced new competitive leasing and financing options for U.S.-based small, medium and large businesses, and public entities. The company also made significant price moves on select systems and components to further help customers manage IT costs and save. Including:


.Zero percent financing for qualified large business and institutional customers. 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 percent. For additional information, customers can visit DFS or contact their Dell sales representative.
.Fair Market Value lease rotation programs  programs allow customers to pay for use of their technology and return or exchange it at the end of the lease term to take advantage of the latest technological advancements, lowering total cost of ownership by as much as 20.5 percent.
.Small and medium businesses can use FMV leasing for low monthly payments, flexible end-of-term options and an easy way to help ensure their employees are equipped with the latest technology for maximum productivity.
.Large businesses and public institutions can benefit from exceptionally low payments on three-year FMV lease terms which in some cases may qualify for off-balance sheet accounting treatment.
.Deferred payment plans can be added to these offers for qualified customers interested in implementing the smartest technology replacement strategy today, but paying in 2009.


•To help IT budgets stretch even further, Dell has reduced select business system and component list prices. For U.S. customers, examples include:

Price reductions up to $500, or 17 percent, on a Latitude E6400 laptop that includes a 9 cell primary battery, additional 9 cell battery, mobile broadband card from any carrier, Vista Ultimate, WXGA+ LCD, VPRO with Intel 5100 wireless card, 4GB 2 DIMM memory, and a 128GB mobility solid state drive.

Prices reduced up to $100, or 11 percent, on a Latitude E5400 that includes a 9 cell primary battery and 2GB 1 DIMM memory.

Base and memory price reductions have been made across the PowerEdge server portfolio including up to         $300, or 20 percent, on the T605 AMD tower server featuring the AMD Opteron 2350 processor, 1GB 667Mhz memory, no operating system, 80GB HD, DVD, and 3-year next-business-day onsite service.

Prices have also been reduced by up to 40 percent on server memory.


•Michael Dell outlined in his Oct. 17 Simplify & Save blog post it is crucial for businesses to focus on cost-cutting efforts while making IT investments work even harder. The initial focus of Simplify & Save is to take unnecessary expenditures out of customers’ budgets by reducing costs associated with IT. In addition to savings and financing offers announced today for U.S.-based customers, look for other country- and regional-specific financing options, as well as details on more ways to help lower IT costs and save on the blog and in upcoming announcements.

         

VInod/ITvoir Network