Dell Technologies is launching its financing arm Dell Financial Services (DFS)** Pte Ltd in Singapore, as part of an expansion strategy to provide financing alternatives to regional and global Dell Technologies’ customers with a Singapore presence. This allows access to payment solutions from Dell Technologies in Singapore, similar to those that are available in the United States, Canada, Mexico, and Europe. With DFS in Singapore, organisations can accelerate their digital transformation goals with better cash flow management and capital preservation.
“Today, we’re seeing more customers showing a preference for financing when making technology purchasing decisions,” said Lena Yam, vice president, Dell Financial Services, Asia Pacific, Japan & China (APJC). “With financing from DFS, customers can combine innovative financial offerings with holistic technology advice to develop a long-term infrastructure strategy. The DFS team has invested in tools to help support customers through the entire financing process, from approval to account management. This combined with a dedicated support function ensures an exceptional customer experience.”
One-stop-shop for simple and flexible financing
DFS offers financing options that include Technology Rotation and Ownership, Software Instalments, PC-as-a-Service (PCaaS), and Dell Technologies APEX Custom Solutions. These customisable payment solutions are integrated into Dell Technologies’ portfolio of solutions – from hardware and software to services. This not only translates to greater payment flexibility according to customer needs and utilisation but also guarantees optimisation of IT infrastructure to improve operational efficiency. With financed transactions, customers can better handle budget constraints, improve project economics to make them self-funding, and manage planned technology refresh cycles with suitably scheduled leases.
“Dell Financial Services is a natural extension of our strategy to become the leading provider of essential technology solutions,” said Andy Sim, vice president, and managing director, Dell Technologies Singapore. “As a regional headquarters, Singapore already caters to many of Dell Technologies’ global customers. We are responding to our customers’ needs for a broadened capability and portfolio to enable their business transformation journey through competitive financing options. Dell Financial Services has the dedicated people, processes, and tools to power this added value. Most importantly, the financing options offered by DFS are both direct and through our channel partners.”
Customised financial strategies for different IT needs
Dell Financial Services offers a payment solutions portfolio that allows customers to pay over time and pay as they use. These financing options provide customers with predictable payment programs to quickly acquire hardware, software, and lifecycle services.
“Dell Financial Services provides predictable payment structures for IT Infrastructure solutions,” said SS Lim, managing partner, PTC Systems. “The innovative solutions remove the burden of large capital expenditures for our customers, allowing partners like us to grow and secure our businesses.”
Customers can also choose to pay for technology based on actual consumption with Dell Technologies APEX Custom Solutions. With Dell Technologies APEX Flex On Demand, customers can scale their usage up and down to match their workloads, while Dell Technologies APEX Data Center Utility allows them to establish a pay-per-use environment across their entire IT infrastructure. Both solutions, part of Dell Technologies APEX Custom Solutions, allow organisations to grow at their own pace and pay for technology according to their needs.
Globally, DFS has over US$12 billion assets under management and provides support for Dell Technologies’ customers and partners in more than 50 countries. DFS, in its 24 years of experience, has built relationships with a wide breadth of end-user customers – from the smallest businesses to public entities to the largest enterprise organisations. The business has created over 3,000 global channel partnership agreements and has over 1,600 dedicated team members around the world.
- Dell Financial Services and its full range of direct financing options will be available in Singapore from November 1, 2021.
**Payment solutions provided to qualified commercial customers by Dell Financial Services (DFS) or through Dell Technologies group companies and/or through Dell’s authorised business partners (together with DFS “Dell”). Offers may not be available or may vary by country. Offers may be changed without notice and are subject to product availability, eligibility, credit approval and execution of documentation provided by and acceptable to Dell or Dell’s authorized business partners. In Spain, solutions are provided by Dell Bank International d.a.c branch in Spain and in specific countries within the EU, EEA, the UK, and Switzerland by Dell Bank International d.a.c, trading as Dell Financial Services which is regulated by the Central Bank of Ireland. Dell Technologies, Dell EMC, and Dell logos are trademarks of Dell Inc