Dell has announced a new as well as first-of-its-kind Dell financing initiative, Dell Innovators Credit Fund that provides entrepreneurs up to $100 million as a financial backing for their start-up that they do require maximizing potential for innovation, speeding to market and for job creation. The Dell Innovators Credit Fund aims to get end-to-end, scalable technology solutions in the hands of growing businesses during that crucial early time in market.
The qualified angel and venture-backed companies can access up to 10 percent of their funded amount, or up to $150,000, with accelerated, limited credit terms. For those in need of higher credit, additional financing is available on a fast track basis with a few extra steps.
“Dell’s new Credit Fund provides credit and access to technology to help fuel global growth and innovation while helping startups preserve precious equity capital for other business needs,” said Steve Felice, Dell president and chief commercial officer.
Dell Innovators Credit Fund customers also receive benefits including a dedicated Dell sales team and ProSupport Services for a single point of accountability with access to highly trained experts and 24/7 total support on their top technology needs.