IBM Makes $4 Billion in Financing Available for Business Partners; Announces New Mobile App to Speed Access to Credit within Minutes
Extends Financing to Help Businesses Drive Growth with Advanced Technologies: Cloud, Business Analytics and PureSystems
ARMONK, N.Y. – 15 Nov 2012: IBM announced today it is providing IBM Business Partners worldwide with $4 billion in financing for credit-qualified clients over a period of 12 months. This financing, through IBM Global Financing, can make obtaining credit easier and more accessible to enable IBM’s global partner ecosystem and their clients to acquire advanced technologies such as cloud, analytics and PureSystems. As part of today’s news, IBM is also launching a new mobile app as another step to simplify the way IBM’s Business Partners can apply for and secure financing for their clients within minutes via any mobile device — anytime, anywhere.
With 10 billion mobile devices forecasted by 2020, the proliferation of mobile technology is fundamentally changing the way people think, work, act, and interact.1 Already, 90 percent of mobile users keep their device within arm’s reach at all times, and complete many kinds of transactions across these smart devices. 2 The new mobile app from IBM Global Financing is designed to address this changing business environment by making it easier for IBM Business Partners to provide their clients with price proposals and generate credit approvals within minutes using an iPad, iPhone or Android mobile device. The mobile app will be available in the United States this month and will be rolled out globally beginning in China in January 2013. The app has an easy-to-use interface and is designed for contracts worth up to $500K, all while the IBM Business Partner seller is on the go. This mobile app is based on IBM Global Financing’s simple Rapid Online Financing tool, designed for non-financing experts, where available, to generate fast approvals for credit applications with a simple click of the mouse. (more…)
