Cisco is allowing customers to defer payments for new products to defer all payments until 2024.
Dubbed the Cisco Capital Business Acceleration Programme it means that partners can provide customers with another flexible payment option.
Cisco thinks cash flow is a major concern for its customers and partners and all its solutions will be eligible for this programme, including hardware, software, and services, and select partner services and third-party hardware.
The company claims this will help organisations acquire competitively priced and ready-to-ship hardware.
Cisco Capital president Kristine A. Snow said: “The Cisco Capital business acceleration programme comes in response to customer and partner requests to help mitigate financial challenges based on overall market uncertainty and the impact that it is having on their businesses.”
“Our goal is to provide payment options that allow continuous technology investment to maintain productivity and business continuity while minimising cash outlays. Customer success is our priority. The new programme is designed with this in mind and will help address some of our customers’ most pressing concerns.”
