A new addition to the Dell direct model

[W1nTry]

If you need financing we'll help you...basically that's it:

Dell to become a bank

Lend us a tenner till Friday, Michael


By Nick Farrell: Tuesday 06 June 2006, 09:15

 DIRECT-SELLING hardware outfit Dell has decided that it will shift more tin boxes if it becomes more like a bank.
The outfit has loaned money under the moniker Dell Financial Services since 1997 as a joint venture with CIT Group.

Now Dell has decided to buy out CIT and loan money directly to punters itself. The decision was announced in a conference call by Dell's chief financial officer Jim Schneider, with investors and hacks.

The big idea is that Dell will earn more money in interest fees and encourage more people to buy its hardware because it is a lot easier to come up with the readies. µ

[TriniXaeno]

This is brilliant.

Being able to offer HP terms is a sure winner for netting PC sales.

It is not something any small operation computer shop can achieve. DELL has already been doing this as mentioned in the article. This firms up the strategy.

* [X]-Baego is green