The most comprehensive infrastructure financing program in the industry

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Over the past few months, we have seen tremendous willingness and capability from our customers and partners as they work together to overcome a new set of challenges every day. I am amazed that our customers and partners around the world continue to innovate their business models while adapting to this rapidly changing situation. We are honored to support them on their journey by providing the technology needed for their critical business operations while helping them preserve capital and manage cash flow.

In April, we launched the Payment Flexibility Program (PFP) and announced $9 billion in funding to help fund your critical technology needs. Today, we are announcing an extension of the Payment Flexibility Program through October 30, 2020, with payment deferrals through 2021.

With Dell Technologies On Demand , our customers have access to a wide range how to save australia number in whatsapp of financial consumption models to keep their technology infrastructures running while continuing to innovate. The Payment Flexibility Program is unmatched in its value to organizations across the board. From payment deferrals, to partner assistance programs, to financing offers with very low rates, we are here to help our customers with flexible IT solutions during these uncertain times. These programs give them access to industry-leading technology, resources to innovate, and cash flow to maintain business continuity.

Our partner Shane Michna of SHI Capital said, “All of the various promotional options have been highly leveraged by large and small clients alike. Many of our clients have needed the ability to purchase technology and defer payment into 2021. The six-month deferral and zero percent promotional offer on Dell Technologies storage and servers has been the most utilized and sought after by SHI sales clients.”

Introducing new updates to the pay-per-turn technology solution
We’ve seen that many of our customers want to purchase technology over multiple years using low-cost financing. To support your organization’s technology needs for core infrastructure and remote workforce, we’re offering the lowest-ever rate and total cost of ownership (TCO) for Dell PowerStore storage solutions, PowerEdge servers, and Dell laptops and desktops as part of the Technology Rotation Payment solution. At the end of the term, customers have the flexibility to return and upgrade their equipment with the latest technology to support hybrid cloud initiatives, on-premises workloads, or remote workforces.

This program helps customers better control IT costs for the following reasons.

Saving significantly compared to the total purchase price of laptops, desktops, storage and server solutions
Conserve cash by deferring your first payment until 2021
Extend payments on servers and storage using up to two 12-month fixed extensions to give you the flexibility to return or purchase hardware over five years
Expand or improve the performance and capacity of the PowerStore at any time during the contract through Anytime Upgrades
These new options are available in addition to the current features of the Payment Flexibility Program, which include:

Zero percent interest rates and deferred payments for Dell Technologies infrastructure solutions
Short-term options for remote work and learning with six- to twelve-month terms and upgrade options for laptops and desktops to help with return-to-school and work plans.
A one-year flexible consumption offer to better align payments with end-user technology usage
Credit availability for our channel partners through our Working Capital Solutions Program that extends payment terms up to 90 days , and when combined with a Dell Financial Services** (DFS) payment solution, the partner receives payment within a few days, improving their cash flow.
Dell Technologies On Demand is helping customers prepare for tomorrow, today
Customers are finding immense value in creative technology financing solutions and flexible consumption models. IDC recently interviewed organizations using Dell Technologies on Demand and found significant cost savings from using on-demand consumption models . Customers cited the ability to acquire the latest technology at a much lower cost as a major advantage, stating, “We can essentially get the latest technology for a fraction of what we would pay for it outright.”

Dell Technologies On Demand helps companies align their IT spending with business demands and deliver more predictable outcomes. Customer demand for these flexible, consumption-based and as-a-service models prompted us to expand our offerings to include Brazil, Chile, Colombia, India and China.

The Payment Flexibility Program is the industry’s most comprehensive infrastructure financing program , powered by Dell Technologies On Demand’s flexible consumption models. This is our commitment to help you run your business, take care of your people, and access essential technology while you seek respite from this storm.