Posted Sep. 8, 2010 at 9:54 a.m.

Lenovo to expand hardware financing services to Europe

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Local Tech Wire

MORRISVILLE, N.C. – Lenovo, the world’s No. 4 PC maker, is expanding its financial services program to Europe.

The Morrisville-based company says it will work with CIT Group (NYSE: CIT) to offer financing for purchases and leasing to vendors and business customers.

Financial terms were not disclosed.

The program began Wednesday in the U.K. and will be expanded to France and Germany by the end of the year. More countries will be added next year.

For details, read here.

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