Forfaiting Program (Latin America)
Your network is mission-critical-a vital, strategic asset to successfully compete in today's global marketplace. To stay ahead, you are about to make a large investment in Cisco networking equipment, yet you need quick financing to preserve your cash position and expedite the transaction. The Forfaiting Program from Cisco Systems Capital is an excellent way to finance your investment, with minimal hassle and quick completion. Banks cannot move as quickly as forfaiters, and often require extensive paperwork and substantial restrictions. As your trusted financial partner, Cisco Capital coordinates the transaction between you and the forfaiter, assuring rapid financing for your Cisco network. Let Cisco Systems Capital help you build your company.
How it Works
Cisco Capital coordinates large purchases ($500,000 and up) of Cisco Systems equipment between forfaiters and valued Cisco customers in Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico, Peru, Uruguay, and Venezuela. The flexibility of forfaiting appeals to government organizations, high-end enterprise businesses, and network service providers who have excellent credit ratings, with a simple application process and extended-terms financing. Because they are not restricted by government regulations, forfaiters usually require just a debt instrument, an airbill, and an invoice to finance multimillion-dollar transactions, with a typical repayment term of six to 24 months.
Value Proposition
This financing program offers its valued Cisco reseller partners the following:
- Trusted financial partner-Cisco Capital works hard to earn and keep your trust, because your success is important to us
- Simple application process-so you can set up financing with minimal hassle
- Rapid delivery-usually much faster than a bank
- Extended terms-letting you manage cash flow to keep your business growing
- Competitive rates-giving you a financial edge in an unsteady market
A telecommunications company in Peru with an excellent credit history is planning a $3 million network expansion to be first to offer service in a remote area. This company has chosen a Cisco network, and works with Cisco Capital to finance its Cisco equipment with a forfaiter. The simplicity and speed of the transaction enables the company to deploy its network quickly and spread payments over a 24-month term to better manage cash flow.
| For more information, contact Cisco Systems Capital Corporation at: |
| Tom Mace, Manager, Financial
Services Americas International |
| Phone (408) 853- 8681 |
Fax (408) 526-4330 (in U.S.A.) |
Email: tmace@cisco.com |
Americas
