December 16, 2017 7:28 AM ET

Diversified Financial Services

Company Overview of IBM Credit LLC

Company Overview

IBM Credit LLC offers commercial and customer financing services. It provides lease and loan financing of IBM and non-IBM advanced information processing products and services to end users and primarily secured inventory and accounts receivable financing to dealers and remarketers of information industry products. In addition, it offers term and revolver participation loans. The company was incorporated in 1981 and is based in Armonk, New York. IBM Credit LLC operates as a subsidiary of International Business Machines Corporation.

1 North Castle Drive

MS NCA-306

Room No 3C2108

Armonk, NY 10504-1785

United States

Founded in 1981

2,400 Employees



Key Executives for IBM Credit LLC

Vice President - Finance and Director
Vice President
Assistant Secretary
Assistant Secretary
Compensation as of Fiscal Year 2017.

IBM Credit LLC Key Developments

IBM Credit Mulls Acquisitions

IBM Credit LLC is looking for acquisition opportunities. IBM Credit LLC has filed a Shelf Registration in the amount of $25 billion. The net proceeds IBM Credit receive from the sale of the securities offered by this prospectus and the accompanying prospectus supplement will be used for general corporate purposes. General corporate purposes may include the repayment of debt, investments in or extensions of credit to our subsidiaries or the financing of possible acquisitions or business expansion. The net proceeds may be invested temporarily or applied to repay short-term debt until they are used for their stated purpose.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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