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Amid financial challenges, Cisco's financing arm is supporting partners and customers in maintaining technology investments with the launch of its payment deferral programme.
The Cisco Capital Business Acceleration Programme lets customers buy products before July 29, 2023, and defer payments until at least January 1, 2024.
Deferred payments in 2024 will depend on the financed amount and contract terms, the company said.
Kristine A. Snow, SVP and President, Cisco Capital, said: “Our goal is to provide payment options that allow continuous technology investment to maintain productivity and business continuity while minimising cash outlays.
“The new programme is designed with this in mind and will help address some of our customers’ most pressing concerns.”