Enterprise technology giants are using their financing arms to offer customers and partners credit and keep IT spending moving.
Dell Technologies on Tuesday said that it will extend $9 billion in financing and 0% interest rates. In addition, customers can defer payments on commercial laptops, desktops, data center gear and services for up to 180 days under its Payment Flexibility Program.
The company's move to leverage itsDell Financial Services unitcomes after HPE and Cisco also rolled out financing programsworth $2 billionand $2.5 billion, respectively. These giant vendors are lending credit to help customers manage cash flow amid the COVID-19 pandemic.
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Financing options in addition to deferred payments and 0% interest rate include:
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