Lenovo, CIT JV To Provide Zero-Percent Financing in the UK



According to an article that was posted by MicroScope.co.uk, Lenovo has beefed up its leasing facilities for UK resellers amid predictions that the IT leasing market will boom this year.

The article notes that Lenovo has established the Lenovo Financial Services program to provide a range of financing solutions to its business partners in the UK.

Working with CIT Group’s Vendor Finance unit, the new service includes zero-per-cent financing for a 36-month lease for qualifying deals between £1,000 and £100,000 until the end of June. In addition, partner salespeople will be paid a commission for closing deals with a finance option through a new online reward scheme, the article said.

Citing recent research from INVIGORS, Lenovo said IT leasing volumes in the UK will grow more than 21.6% between 2010 and 2012 to $2.6 billion, MicroScope notes.

To read the full text of the story posted by MicroScope.co.uk:
click here.


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