Dell Extends Payment Flexibility Program

Dell Technologies has announced plans to continue its Payment Flexibility Program (PFP), originally launched in April as a $9 billion financing initiative to help fund critical technology needs. The company has announced plans to continue that program through October 30th, with payment deferrals until 2021.

The program offers zero percent interest rates and deferred payments for Dell Technologies infrastructure solutions, deferring their first payment until 2021. It also extends payments on servers and storage using up to two fixed 12-month extensions for flexibility to return or acquire hardware over five years. It also includes provisions for the expansion of PowerStore performance and capacity at any time in the contract.

Credit is available for channel partners through Dell’s Working Capital Solutions Program extending payments terms up to 90 days, and when combined with a Dell Financial Services (DFS) payment solution, the partner is promised to be paid more quickly.

Channel Impact^®
The program is designed to help customers access to a broad range of financial consumption models to keep their technology infrastructures running while helping to preserve capital and manage cash flow.