Friday, February 04, 2005

New Equipment Financing Program for Small Businesses

Small businesses -- as a collective whole -- is a big business. Companies who ignore small businesses, and focus solely on the big boys, are missing significant revenue opportunities. That's why I am glad to read that IBM has reversed their long-standing policy on focusing on big businesses to extend their equipment financing program for small and medium enterprises.

According to a news report from Reuters, IBM now offers an office equipment financing program that offers SMEs "competitive market rates, a simple rate structure, and a credit approval process that promises, in most cases, contracts are delivered within one hour for deals of up to $300,000. " The financing program is called IBM Financing Advantage, and will be available in Australia, Canada, France, Germany, Japan, Britain and the United States. It covers both IBM and non-IBM equipment.

For the complete story, visit Reuters

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