HPE Launches Corporate IT Payment Deferral Program

Hewlett Packard Enterprise (HPE) is turning to its financial services unit to extend over $2 billion in financing and programs to assist business customers with cash management issues amid the global pandemic. “Customers and partners are looking to preserve cash right now,” Brad Shapiro, managing director of HPE Financial Services Americas, told ZNet in a report on Wednesday (April 8). “But while they are looking to preserve cash, they also have technology needs due to work from home and online business expansion.” HPE’s financial services unit and asset management division is part of its 2019 goal to offer everything-as-a-service (EaaS). The financing options and cash management programs are intended to help its business customers of all sizes improve cash flow and liquidity. The assistance is part of HPE’s overall COVID-19 outreach efforts.