Cisco offers 0% financing program for US SMB

SAN JOSE, Calif.: Continuing its commitment to provide access to capital in today's uncertain economy, Cisco Capital SM, recently announced a three-year, zero-per cent financing offer for small and medium-sized businesses (SMBs) in the United States. 

The financing offer applies to all Cisco products and services from $1,000 up to $250,000.

The program would enable its SMB customers to make technology investments in Cisco hardware, software and bundled services.  The offer is designed to help businesses adopt state-of-the-art Cisco solutions quickly and easily through leases with flexible terms and fast credit processing, said a press release.

Kris Snow, president, Cisco Capital, said, At a time when capital budgets are limited, our ability to provide a variety of financing options can help our customers acquire the technology they need to boost productivity and distance themselves from their competition, especially as the economy recovers."

The offer is the latest element of Cisco's Navigate to Accelerate initiative, designed to help channel partners navigate the challenging economic environment and accelerate their business. If customers purchase at least one Cisco Smart Business Architecture (SBA), they may also be eligible for a three-month payment deferral, said the release.

"Cisco is actively working with our channel partners to navigate the current economic challenges while investing for future growth. The expansion of this zero-percent financing offer will help our U.S. channel partners prepare to 'accelerate' during the economic upturn," said Wendy Bahr, senior vice president, U.S. and Canada Channels, Cisco.

Zero-percent financing is available through Cisco Certified Partners until July 31, 2010.