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Tech Buzz 06/05

New financing help for small and midsize businesses
June 1, 2005
URL: http://www.entrepreneur.com/article/77804

Small and midsize businesses are the recipients of renewed attention from some major technology manufacturers and retailers. Both Hewlett-Packard and IBM have revamped their financing programs to better cater to your needs. The financing arm of IBM has announced IBM Financing Advantage, featuring simplified contracts and credit approval that usually comes back in under an hour for deals up to $300,000. It's available through IBM sales reps and business partners.

HP has introduced the SMB Budget Stretcher leasing plan that extends payments up to 51 months for lower monthly payments. It covers product and service purchases up to $150,000 and is part of HP's larger SMB financing program. For startups and growing businesses that need new technology, using a financing program can help maintain cash flow while getting the equipment you need.


In the U.S.,

43%

of all mobile text messages are spam.
Statistic Source: Wireless Service Corporation

The number of PCs in use worldwide is expected to surpass

1 billion

in 2007.
Statistic Source: Computer Industry Almanac