Technology product manufacturer Lenovo and financial service provider CIT have joined hands in order to create a new program called LFS, which means Lenovo Financial Services. All the customers and the business partners that make use of the technology products and services of Lenovo will get vendor financing solutions from LFS. The deal between Lenovo and CIT was officially established in the month of May, 2010 and the program is expected to start on operating in June, 2010 in North America. This is a great step to provide the customers with the financing support to get the Lenovo products or services.
Lenovo – the commitment of better service shows
With the introduction of the Lenovo Financial Services, the technology product manufacturer Lenovo has taken a great initiative to provide alternatives of financial assistance to the clients. According to the President and the Chief Operating Officer of Lenovo, Mr. Rory Read, the program is capable of providing excellent vendor financing experience to the patrons. This program is designed in such a way that it can serve the diverse needs of the customers. Now, financing the technology solutions has become easy with the Lenovo Financial Services. If you are looking for such assistance, then LFS could be exactly what you are looking for.
Who will benefit
This tie up between Lenovo and CIT is going to benefit both the companies. Lenovo will be able to get hold of more customers as they can now offer financing services to attract them; while CIT is also going to benefit because of its association with one of the best companies of PC manufacturers in the industry. With this combination, it is going to create a great impact in the market. LFS is expected to take the vendor solution market by storm.
What will LFS do?
The program will provide financing and leasing solutions along with the support of various online services and tools. CIT provides operational support to this program and because of that, the vendors and the partners of Lenovo can easily avail financing for the technology based products and services. With the financing assistance by LFS, the customers can easily obtain financing for their required technology products or services and retain their capital for different usages.
Lenovo is one of the leading service providers in the field of manufacturing personal computers. The business model of the company focuses on integrating efficiency in operation, creativity, and satisfaction of customers along with investment plans in the prospective markets. CIT, on the other hand, provides an arrangement of logical and financial support to the vendors worldwide. Amalgamation of both these market leaders in the form of LFS is definitely going to be a successful proposition.