IBM announces Global Financing Offerings

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

IBM announces Global Financing Offerings

IBM has demonstrated its commitment to small and medium businesses in India by making available interest-free financing on IBM software products. Credit-qualified businesses can now acquire this interest-free financing in India through IBM Global Financing, the company's lending and leasing organization.

"In the current economic climate, companies need significant support to help fuel the Indian economic engine. IBM is committed to India's growth and this offer will help companies thrive in an increasingly competitive environment. By providing financial resources, small companies will be able to innovate and grow faster," said Sapan Jain, Vice-President, IBM Global Financing, India/South Asia.

IBM Global Financing is offering 0 per cent financing on IBM Software purchases through December 31, 2011. For a client to determine their quarterly payments, they simply can take the total of their IBM Software purchase and divide by four.

In addition, IBM announced earlier this year the availability of US$1 billion in financing, targeted directly at SMBs globally enabling mid-market companies to take advantage of advanced technologies such as business analytics, robust network security and cloud, capabilities which have previously only been accessible to large enterprise customers.

IBM Global Financing offerings are provided through IBM India Private Ltd. in India to qualified commercial and government customers. Minimum transaction size $5,000 [INR2,25,000], with availability based on customer's credit rating, financing terms and valid for all IBM software products including S&S and Services. Other restrictions may apply. The offering is subject to change, extension or withdrawal without notice.


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