Extended Terms Financing Program
with Insurance Option
You are an established Cisco partner in Latin America. You need to finance a large contract and find that local interest rates are too high. The Extended Terms financing program with Insurance Option from Cisco Systems Capital lets you obtain a competitive interest rate on the loan with credit insurance as collateral, and extended terms up to 180 days.

How it Works
The Extended Terms financing program with Insurance Option is available to Cisco partners with excellent payment history in the following countries: Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico, Peru, Uruguay and Venezuela. Insurance underwriters determine eligibility based upon country and specific customer risk. Under the program, the Cisco partner obtains credit insurance for 90% of the contract value of Cisco equipment. Cisco assumes the remaining 10% of risk and is beneficiary of an interest-bearing promissory note.

Value Propositions
This financing program offers several benefits to Cisco partners:

• Increases payment terms—by extending your credit term up to 180 days versus a standard Cisco open account, you can easily accommodate your customer's financial requirements
• Increases credit amount—lets you pursue larger deals than your current credit allows because it is outside from your existing credit line
• Competitive pricing—improves your credit position at a much lower all in cost than available locally

A Cisco partner in Argentina with an excellent credit history closes a $3 million deal with a customer refinancing 120 days terms. Because local financing is too expensive, the partner arranges Extended Terms with Insurance Option financing with Cisco Capital with a term of 75 days. The partner buys credit insurance through Cisco to obtain a competitive rate on the loan.

For more information, contact Cisco Systems Capital Corporation at:
Tom Mace, Manager, Financial Services Americas International
Phone: (408) 853-8681	Fax: (408) 526-4330	Email: tmace@cisco.com