Tuesday, September 23, 2008

Cisco Capital Launches Financing Program in Asia Pacific.

Cisco Systems Capital Corporation is launching a "Zero Percent Progress Payments Program" for the Cisco Unified Communications system in the Asia Pacific region. Funding is available for Cisco partners and customers until July 25, 2009.

Under the financing program, customers can defer payments for up to 120 days, without interest, during their Cisco Unified Communications system deployment, and channel partners receive progress payments from Cisco Capital when installation milestones are reached. The financing program is designed to help customers when they are required to make deposits prior to full deployment of unified communications projects, and to help Cisco channel partners manage their cash flow on projects with long implementation times. The minimum transaction size is US$50,000. This program is not available in Vietnam, Indonesia or the Philippines.http://www.cisco.com/go/capital