Mac, iPhone, iPad, Apple Watch, and Apple TV are now included too.
Partnering with CIT as both the financial partner and the broker, the new upgrade program allows the business to afford MacBooks at a low price. On the CIT website, the business has to pay only 3% of the MacBook price each month. The order process is very simple. The business needs to apply for the program, then sign the documents for approval. CIT will then issue a PO to Apple, and then the MacBook is delivered.
CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals. The company covers many banking segments, including commercial financing, community association banking, middle-market banking, equipment and vendor financing, factoring, railcar financing, treasury and payments services, and capital markets and asset management.
The MacBooks that are available for purchase are the 13″ MacBook Air, the 13″ MacBook Pro, the 14″ MacBook Pro, and the 16″ MacBook Pro with the minimum order starting from $4000. The partnering business can return or upgrade the MacBooks at any time after 90 days as long as the business is still in contract.
Citing from the Apple site, the businesses that are eligible to apply are the businesses that have signature authority and are legally verifiable. A personal guarantee is required if the business has been operating for less than three years.
The applicant can choose the new model, color, or storage capacity every month when the devices are being renewed. However, the monthly cost may increase or decrease depending on the chosen products.