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Dell Financial Expands Capabilities in Europe

August 05, 2013, 07:00 AM
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Topic: Industry News

According to a Dell press release, Dell’s mid-market and corporate customers in the U.K., Ireland, Germany, Austria, Switzerland, Belgium, the Netherlands and Luxembourg can now access direct financing for leases and loans to support their IT Solutions and long-term growth through Dell Financial Services (DFS).

This expansion in Europe follows the successful award of a full bank license by the Central Bank of Ireland at the end of June, and the acquisition of a portion of CIT Vendor Finance’s Dell-related assets, sales and servicing functions in Europe. 

Customers now have access to Dell financial support for all their IT solutions. They will be able to benefit from the scale of Dell’s U.S. and Canadian operations, where customers already enjoy direct financing opportunities, including the global consistency of Dell’s financing terms and conditions. Through DFS, Dell will also be able to provide much needed capital to small- and medium-sized businesses looking to invest in new technology to give them a competitive edge and grow their companies.

According to the press release, CIT Vendor Finance will continue to provide financing programs with Dell in select countries, including agreements in Latin America.

To read the full Dell press release, click here.

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