AT&T Inc., through its financing subsidiary AT&T Capital Services, is providing loans to small businesses looking to deploy new wireless solutions or upgrade existing ones.
Since recently introducing wireless solutions financing, AT&T Capital Services reported it has closed loans totaling several hundred thousand dollars, with deals totaling several million dollars in the pipeline. The organization finances transactions as small as $1,000.
AT&T Capital Services was established in 1984 to finance business customer purchases of AT&T products and services by converting one-time, upfront costs into monthly payments. To date, the organization has recorded more than $6 billion in contract originations for more than 5,000 commercial and municipal customers. Until recently, it had focused on traditional wired communications solutions.