Dell Technologies Extends $9B in financing and 0% Interest Rates to Energise IT Investment

Today, your business needs a trusted advisor as you reevaluate IT priorities to drive business continuity in “the new normal.” Dell Technologies has rolled out the Payment Flexibility Program, which includes 0% interest rates and up to a 180-day payment deferral**. We’re also making $9B in financing available this year to help fund your critical technology needs. This is our commitment to help you run your business, take care of your people and access essential technology. Dell Financial Services** (DFS) has been a reliable partner for the last 23 years and will be here to support you, especially during times of uncertainty.

We’ve built the Payment Flexibility Program on the strong foundation of DFS and industry-leading Dell Technologies’ end-to-end portfolio.

  • We’ve introduced 0% interest rates for all Dell Technologies server, storage and networking solutions, so you have access to technology with no up front payment required
  • We’ll defer your first payment up to 180 days on all data center infrastructure and services to help you manage cash flow
  • We’re offering short term options for remote work and learning with 6 to 12-month terms and refresh options for laptops and desktops
  • We’ve added a one year term to flexible consumption offerings in the Dell Technologies On Demand program. You can scale usage of Dell Technologies converged, hyperconverged, hybrid cloud, storage and data protection solutions and only pay for what you use. As part of our Dell Technologies on Demand portfolio, Flex on Demand is also available from three- to five-year term options
  • We’ll continue to partner with VMware to deliver flexible payment solutions supporting your digital transformation

Our commitment extends to our channel and global alliance partners with DFS accessible to thousands of partners. Partners whose customers use DFS can improve their cash flow and liquidity by being paid within days**. Additionally, qualifying partners can get a payment extension of 45 to 90 days with the Dell Technologies Working Capital Solutions Program.
For more information, visit Payment Flexibility Program and Dell Financial Services sites for flexible, customisable payment and remote working solutions.
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**Payment solutions provided and serviced by Dell Financial Services LLC or its affiliates or designees (“DFS”) for qualified customers. Offers valid through July 31st, 2020, to qualified business end-users in the US (excluding DBC accounts). Offers may not be available or may vary in certain countries. Offers may change without notice, may be subject to minimum transaction size, and are subject to credit approval, product availability, applicable law and documentation provided by and acceptable to DFS. 0% Finance Lease: 24-month or 36-month term. Rate percentage does not include charges other than periodic rent payments. For purchases of qualifying Dell EMC infrastructure solutions (servers and storage).

Bill Wavro

About the Author: Bill Wavro

Bill Wavro joined Dell in 2005 and is currently President, Dell Financial Services. Prior to that he served as the CFO of the Global Commercial Business segment. His first role at Dell was Vice President of Product Group Finance where he provided financial support to Dell’s R&D, product marketing, and operations organizations. After graduating from The University of Texas with a degree in Accounting, Bill started his career with Price Waterhouse Coopers in September of 1985. He planned and executed worldwide external and internal audit plans for Fortune 500 clients in a variety of industries with an emphasis in Technology. Bill also spent 4 years in Europe with PwC servicing the needs of international clients on US GAAP accounting, statutory reporting, and international tax planning along with audit and consulting services. Bill joined Compaq in 1997 as a controller to help start up and lead Compaq Financial services to what would eventually become a $2B Financial Services and leasing organization. Through a progression of finance roles within Compaq and then HP, he took over the role as CFO of the Personal Systems division of HP in 2003 before joining Dell in 2005. Bill was born in Tallahassee, Florida and grew up in Houston, Texas. He graduated from the University of Texas at Austin and is a Certified Public Accountant. Bill is currently based in Austin, Texas and enjoys travel, wine, and the outdoors.