- IBM GLOBAL FINANCE
Unlike
other financiers, IBM Global Financing provides finance exclusively for IT
and IT-related services. Through financing, IBM offers a single contract to
acquire IBM and non-IBM equipment, software and even services to reduce cost
of ownership, and conserve cash for other business initiatives. Leasing can
be used for purchases as little as £1,000.
There are four different types of finance available.
- 1 - FINANCE LEASE
Clients pay the full capital cost of the solution, plus interest, spreading the total purchase cost over a pre-stated period. At the end of the lease period clients can either return the equipment, or pay to retain it.
- 2 - RESIDUAL VALUE LEASE
-
Clients pay the full capital cost of the solution, plus interest, less
the value of the solution at the end of the financing period, thus giving
a lower cost than a finance lease. At the end of the lease period clients
can either return the equipment, or pay a conversion charge to retain it.
- 3 - LEASE PURCHASE
Clients pay the full capital cost of the solution,
plus interest, spreading the total purchase cost over a pre-stated period.
At the end of the lease period the client owns the solution.
- 4 - LOAN
-
Clients pay the full capital cost of the solution, plus interest, spreading
the total purchase cost over a pre-stated period. The client owns the solution
during the period of the financing.
IBM
has streamlined the process of providing quotations, providing CVSI with online
access to a price calculator, which can then be used to generate proposals,
and even generate contracts (subject to credit status, of course). We can
therefore provide lease estimates in a matter of minutes, for leases between
£1,000 and £200,000.
Global
Financing also provides access to financing IBM Certified Used Equipment,
provided with a 90-day satisfaction guarantee and, of course, a guarantee
of acceptance onto IBM maintenance. Purchasing Certified Used Equipment is
a good alternative in situations where the budget won't stretch to new equipment
or, perhaps, where specific machine components are no longer available.
