At the end of March APC-MGE announced the formation of APC-MGE Financial Services to provide worldwide financing and leasing capabilities to its customers. This new program gives APC-MGE customers additional flexibility and options to facilitate the purchase of its comprehensive solutions and services offering worldwide, including its energy-efficient power, cooling and IT management solutions for data centers.
"APC-MGE Financial Services responds to customer requests for additional assistance when making investments in our solutions and services, explained Dave Johnson, APC-MGE chief sales officer. "We are excited to provide our partners globally with flexible, industry leading financing options, including leasing programs. As our solution set and offering complexity expands, the need for financing assistance grows as well, particularly in vertical markets where needs are high but resources can be limited.
In the Philippines, the financing program will be operated by local distributor, American Technologies Inc (ATI). According to a press report in the Inquirer, terms will cover a down payment of 10 per cent with the reminder of the cost subsidized by ATI and paid via installments over six to 24 months.