IBM launches financing program for local SMEs

Tuesday, September 27, 2011

IBM (NYSE: IBM) has launched a financing program aimed at helping Chilean SMEs access new technology to achieve sustainable growth, the company said in a statement.

Under IBM's Rapid online Financing program, Chilean SMEs from all vertical industries will have access to financing for transactions from US$5,000 to US$300,000 at preferential interest rates and with flexible options.

In addition, the credit analysis of customers can be done in up to 48 hours.

Start your 15 day free trial now!


Already a subscriber? Please, login

The plans offered include equipment rentals; complete financing of a project - comprising services, consulting, cloud computing solutions and infrastructure investments, as well as hardware and software; and leasing, among others.

The company may also provide financing for non-IBM technology, although projects must have a 20% minimum of IBM technology to be eligible for consideration.

IBM Global Financing currently manages more than US$36bn in assets and has over 125,000 customers in more than 55 countries.