News

Lenovo Launches Lenovo Financial Services for Channel Business Partners

   

Lenovo Launches Lenovo Financial Services for Channel Business Partners

Sydney, Australia – 12 June, 2013:Lenovo has expanded its partnership with BOQ Finance in Australia and New Zealand to deliver competitive financing options for SMB customers via Lenovo’s Business Partners. This is an exciting proposition for Lenovo’s growing Business Partner network, providing SMB customers an opportunity to finance Lenovo products, Services and the IT infrastructure needed to run their businesses. Lenovo Financial Services will facilitate the Business Partner’s ability to close sales with a viable finance option that improves cash flow, order values and margins.

Lenovo Business Partners will be able to provide added value to customers via Lenovo Financial Services, assisting them to conserve capital while acquiring new technology. The new solution will enable Business Partners to:

  • Improve cash flow, order values and margins
  • Secure and increase sales by providing additional service offerings and more choice
  • Create additional revenue via opportunities for add-ons and upgrades
  • Build repeat business and protect and control an existing customer base through ongoing financing relationships that require regular contact

“Lenovo continues to focus on its goal of being PC vendor of choice for its Business Partners by making business easier for them and their customers. Lenovo Financial Services is dedicated to delivering a positive finance experience for customers who want to maximise their purchasing power and preserve their capital for other uses”, said Matt Codrington, Managing Director, Lenovo Australia and New Zealand. “We want our Business Partners to be able to have the solutions and selling tools they need to grow, but to also enhance the productivity and growth of their customers; it’s about providing them with the choice.”

Peter McIntyre, General Manager, Vendor Finance , BOQ Finance says, “Lenovo Financial Services will enable Lenovo Business Partners to provide their customers with a solution to finance their entire IT requirements including hardware, software, warranty and installation costs. Large upfront capital outlays will be replaced by low quarterly payments reducing acquisition costs and during the course of the agreement, equipment and services can be easily added, replaced or upgraded - helping customers to drive a more structured approach to acquiring, managing and disposing of IT”. Peter McIntyre stated, “We’re excited to be working with Lenovo to help deliver more flexibility and choice to their Business Partners.”

If you would like any further information please contact:
Ian Murphy
Text100 Public Relations
Ph: 02 9956 5733
ian.murphy@text100.com.au

About Lenovo

Lenovo (HKSE: 992) (ADR: LNVGY) is a $US30 billion personal technology company – and one of the top two PC makers globally, serving customers in more than 160 countries. Dedicated to building exceptionally engineered PCs and mobile internet devices, Lenovo’s business is built on product innovation, a highly efficient global supply chain and strong strategic execution. Formed by Lenovo Group’s acquisition of the IBM Personal Computing Division, the Company develops, manufactures and markets reliable, high-quality, secure and easy-to-use technology products and services. Its product lines include legendary Think-branded commercial PCs and Idea-branded consumer PCs, as well as servers, workstations, and a family of mobile internet devices, including tablets and smart phones. Lenovo has major research centers in Yamato, Japan; Beijing, Shanghai and Shenzhen, China; and Raleigh, North Carolina. For more information, see www.lenovo.com/en/au.

About BOQ Finance

BOQ Finance operates from a headquarters in Sydney and Brisbane, but its real strength lies in the geographic representation around Australia and New Zealand. BOQ Finance is focused on providing local expertise, close to our customers and partners. BOQ Finance truly is the benchmark for vendor finance programs. We have successfully run vendor programs for equipment manufacturers and distributors throughout Australia and New Zealand for over 40 years. BOQ Finance offers finance and commercial rental products for commercial purposes for a broad range of asset classes including cars, trucks, materials handling, access equipment, mining and construction equipment. BOQ Finance is equally comfortable with technology asset classes like IT, office equipment, software and telecommunications. BOQ Finance distributes these products through dealerships, vendor partners, finance brokers, online and through the BOQ branch network throughout Australia.

For more information go to: www.boq.com.au/boqfinance