BANGALORE, INDIA: Cisco Capital, a wholly owned subsidiary of Cisco, announced the launch of its Zero Percent Progress Payments Program for Cisco unified communications system in the Asia Pacific region.

Designed to improve the affordability of unified communications solutions for Cisco partners and customers, the program is available 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.

Benny Lee, managing director, unified communications, Cisco Asia Pacific, said: "The unified communications market is experiencing tremendous growth in Asia Pacific as organisations have begun to understand the flexibility and power of the technology."

Cisco channel partners must hold a Cisco unified communications specialisation to qualify for this program. The minimum transaction size is US$50,000.  This program is not available in Vietnam, Indonesia or the Philippines.