Technology lets small business dramatically improve efficiency and productivity. But how do you buy new technology a credit crunch when your cash flow is stretched thinner than ever?
IBM today officially announced its solution to the small business credit crunch dilemma with a new billion dollar effort. IBM is opening up $1 billion in credit for approved small businesses with low financing rates and a portfolio of SMB-focused technology solutions.
“There is a gate on access to credit and capital, with small and medium sized businesses finding traditional sources for credit and capital to be quite challenging now,” Andy Monshaw, general manager of IBM midmarket business told InternetNews.com.