Extended Terms Financing Program
Your customer wants to deploy Cisco equipment today, but hesitates because it plans to pay for the equipment with next quarter's budget dollars. To close the sale today, you need to offer extended payment terms. The Extended Terms financing program from Cisco Systems Capital lets you match the timing of your receivable from your customer with your payment to Cisco.
Cisco authorized resellers and partners and qualified Cisco enterprise and service provider customers can leverage the Extended Terms financing program to compete for deals where payment terms are an issue. This competitively priced program also lets resellers and customers preserve their working capital.
How it Works
The Extended Terms financing program is administrated for Cisco Systems Capital through a close affiliation with Deutsche Financial Services, a recognized financial leader. The Extended Terms financing program from Cisco Systems Capital extends payment terms on specific sales for up to 180 days, depending upon your qualifications and requirements. Payment terms and costs vary for this program, so contact your Cisco Systems Capital representative for details.
Value Propositions
This financing program offers Cisco customers the following value propositions:
- Increase payment terms—by extending your credit terms beyond the standard Cisco open account, you can better match cash flow on strategic opportunities
- Increase flexibility—allowing Cisco and resellers to structure amenable terms and close more sales
- Compete for favorable terms with customer—use payment terms as a competitive weapon to close sales
- Manage cash flow and working capital—by deferring payment on equipment until you secure payment from your customers, you can manage your cash flow and maintain working capital
As a Cisco reseller partner, you need 90-day payment terms to cover installation and your customer's demand for 60-day terms. The Extended Terms financing program lets you close the sale and preserve your cash position.
Americas
