Brief: IBM offers new financing deals on hardware, software

The program, designed to help spark sales, ends Sept. 30

By Todd R. Weiss

July 24, 2003 12:00 PM ET

Computerworld - To help spark sales, IBM today announced financing deals under its new Power to Choose program, offering qualified customers lower payments with reduced financing rates or no-interest deferred payments until 2004.
The program 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 Sept. 30 and are available on purchases of $25,000 to $1 million.
The deferred-payment program 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, in a statement. "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 program are available from IBM business partners, IBM client representatives or at IBM's financing Web site.

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