Dell Technologies has announced a new Payment Flexibility Program, making 0% interest rates, an up to 180-day payment deferral, and $9 billion in financing available to partners.
The tech giant says the initiative has been designed to help partners fulfil their technology needs and ease financial pressure during the current period of uncertainty.
Available through Dell Financial Services, the program includes all new offers across Dell Infrastructure Solutions Group (ISG), Dell Client Solutions Group (CSG) and the Channel.
"This is our commitment to help you run your business, take care of your people and access essential technology," Dell told partners in a blog announcement. "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."
Partners that take advantage of the Payment Flexibility Program will have access to Dell's server, storage and networking solutions at 0% interest – meaning no up-front cost is required. Dell also said it will defer the first payment by up to 180 days on all data centre infrastructure and services to help firms manage cash flow.
There are also short-term options for remote work and learning, with 6 to twelve-month terms and refresh options for both laptops and desktops.
For its On Demand Program, Dell has added a one year term to flexible consumption offerings, which will allow customers to scale usage of its converged, hyper-converged, hybrid cloud, storage and data protection solutions to only pay for what is used. Flex On Demand is also available from three to five-year plans.
The tech firm giant will also continue to partner with VMWare to deliver flexible payment solutions for digital transformation support, it added.
"Our commitment extends to our channel and global alliance partners with DFS accessible to thousands of partners," Dell added. "Partners whose customers use DFS can improve their cash flow and liquidity by being paid within days.
"Additionally, qualifying partners can get a payment of extension of 45 to 90 days with the Dell Technologies Working Capital Solutions Program."
