GE Capital, Wells Fargo Support New Dell Financing Terms
NOV 5, 2014 - 7:21 am
Dell announced new programs and investments to accelerate growth in its channel partner business into 2015.
Dell said, along with its financing partners, it will continue to offer innovative financing solutions to channel partners throughout the U.S., Canada and parts of Europe, financing more than $2 billion in transactions last year. Extending on this effort, Dell and its financing partners are enhancing the Extended Terms Financing program by offering 75 days interest-free financing on all Dell purchases for an introductory period of 180 days. This enables partners to increase cash-flow and working capital through improved liquidity and purchasing power.
Dell said the offer will be extended to Premier and Preferred Partners who transition from Dell open account terms to Extended Terms Financing with GE Capital and Wells Fargo Capital Finance in the U.S. and Canada, and GE Capital in the U.K., Germany, France, Spain, and Italy.
Partners must sign up for the program by January 31, 2015, and all registrations will be subject to qualification and credit approval. After introductory period ends, interest-free ETF will become 60 days for Premier Partners and 45 days for Preferred Partners. Partners in Quebec will only be supported by GE Capital.
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