IBM offers financing deals on products

IBM announced financing deals under its new power to choose programme, offering qualified customers lower payments with reduced...

IBM announced financing deals under its new power to choose programme, offering qualified customers lower payments with reduced financing rates or no interest deferred payments until 2004.

The programme is available for a variety of products, including iSeries, xSeries and pSeries eServers; TotalStorage; PCs; storage systems; printing systems; and software and services. The financing deals end on 30 September and are available on purchases of between $25,000 (£15,471) and $1m (£619m).

The deferred payment programme carries no interest during the deferral period, which is followed by standard financing rates for the term of the contract.

"Many companies today are faced with the difficult challenge of upgrading and expanding their e-business infrastructure while trying to limit expenses," said Mark Loughridge, general manager of IBM Global Financing.

"We're making it simpler and more affordable to acquire cutting-edge technology that can drive a faster return on the customer's investment."

Additional details on the programme are available from IBM business partners, IBM client representatives or at IBM's financing website.

Todd R Weiss writes for IDG News Service

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