In this exclusive interview, IBM's IT finance expert Richard Bingham offers free advice on financing your businesses IT investments in today's economic climate.
Richard puts forward a convincing argument as to why, when cut backs are needed, you don't start with your IT and how smaller businesses can ensure any investments are paid for. Richard goes on to explain that any investment needs to deliver return for the company, so whether its efficiency in terms of saving costs or in driving increased sales opportunity (which will ultimately deliver more profit for a business), that's the critical decision they have to make.
Richard also offers some possible suggestions on where smaller businesses can go when looking for IT finance, how to secure reasonable investments and what any potential lenders will be expecting from your business in return.
Richard, a chartered accountant by profession, is responsible for IBM’s Financing offerings in UK and Ireland. He leads a team providing both standard and tailored payment structures to businesses looking to improve their investment in IT infrastructure, software and services. These can be short term deferrals over say 10-12 months or periods out to 5 years and beyond.
Further information
Find out more about Finance for IT