Forging the path ahead: Financing and asset lifecycle options you can leverage right now

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HPE Financial Services is focused on helping alleviate the strain felt by businesses as we, as a global community, navigate the current reality with flexible financing and asset lifecycle solutions.

by Paul Sheeran, VP & Managing Director, HPE Financial Services

No one could have planned for the current business reality. We are living in an unprecedented time in our world’s history. As we deal with the uncertainty of the day-to-day, it can be difficult to look ahead and know how the future will play out. For businesses, a situation like this has exposed gaps in processes, shortcomings of infrastructures and capacity restraints that need to be addressed quickly. Once stable, we lift our heads and ask, now what? We will need to define a new ‘normal’ for our businesses and customers, sharpen pencils and figure impact on budgets and revenues, architect a plan to right the ship and set course to future success. It can all feel very daunting and isolating.

You are not alone.

In this time of ambiguity, HPE Financial Services is focused on helping alleviate some of the strain felt by businesses as we, as a global community, navigate the new landscape. As you look at your infrastructure and what is needed to maintain and grow business you need to understand the options that are available for you to overcome the challenges and come out the other side (and we will) strong and secure.  

Equipping your business with the technology you need is defined by more than just what you have in your checking account. There are programs that can help you generate cash from existing assets, ways to defer or reduce expenditures, routes to match expenses to production and relieve capacity strain or delivery delays. Let me share with you some of the IT finance and asset lifecycle options that are immediately available to address the most pressing challenges you’re facing.

Defer or reduce expenditures

Innovative financing structures to reduce cash outlay during uncertainty.

• Payment Deferral: Acquire now and pay later. Delay payments for 90-days to help ease budget strain.
• 2020 Payment Relief Program: Through the Payment Relief Program, customers can acquire the technology they need today and pay only 1% of the total contract value each month for the first eight months, deferring over 90% of the cost well into 2021.  After the eight month window, each monthly payment would equal approximately 3.3% of total contract value. This program not only lets you keep  projects moving today with little impact to your budget, it also helps you not miss a beat on your long-term innovation journey.

Generate cash from existing assets

Over the last two years, HPE Financial Services has infused over $642m into clients' budgets.

• Accelerated Migration: Puts money in your pockets. Through an asset transfer agreement, convert existing, owned I.T. into an incremental revenue source.

Match expenses to use

Align payments to your deployment schedule.

• Extended Deployment: Need technology today, but budget cycles not aligned? This phased deployment program allows you to acquire tech with the ability to configure, test and stand up systems before paying.

 Relieve capacity strain or delivery delays

• Certified Pre-Owned Technology: An option to help relieve capacity strain, quickly address supply chain delays and help maintain legacy systems, freeing up capital to be used on innovation projects. Read the blog from Irv Rothman, CEO of HPE Financial Services, to learn how one enterprise is benefitting with this program when called upon to support 40,000 remote workers.
• Rentals: Rent new or certified pre-owned HPE tech from 3 to 18 months. Equipment is factory-configured and available with warranty and eligible for HPE Pointnext Services.
• PC Rental Program: Available on new HP PC equipment contracts for a rental period of 12 month.  Eligible on a wide range of HP configurations, and may include select software, software appliances, services, and installation packages. 

These are just some of the options and flexible models that are available to you to support the journey through these times. Contact an HPE Financial Services expert and explore how we can partner with you and help you get the tech you need to be equipped for today and confident in your future. Together.

Be well.

Paul Sheeran is Managing Director for HPE Financial Services in Europe, the Middle East and Africa (EMEA). He is also the global leader for HPEFS' Channel and SMB segment. Paul’s mission is to deliver a differentiated HPE experience through the provision of practical and effective IT investment solutions that enable customers and partners to accelerate achievement of their business goals.