Dell announces financing program for startups

©IDG Communications, Inc. Photo contributed by Matthew Mikaelian.

eConsultancy

The global economy may be on the brink of another downturn and Facebook’s IPO has some suggesting that it’s ‘RIP Good Times’ all over again, but Dell is betting that high-growth startups are going to need hardware regardless. Yesterday, it announced a new financing program designed to encourage startups to select Dell products. The Dell Innovators Credit Fund allows angel and venture-backed companies to access a credit line with Dell of up to 10% of the amount of funding they’ve raised in the past 90 days, or $150,000. Additional credit may be available to well-qualified applicants.

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