Purchase Order Financing Program
As a Cisco reseller, you're poised to make a large sale, but you don't have enough credit to cover your required outlay. The Purchase Order financing program from Cisco Systems Capital gives you incremental purchasing power based on the credit strength of your customer to acquire the equipment and finance the sale until your customer pays you.
The Purchase Order financing program is available to Cisco authorized resellers whose customers include major corporations, government agencies, and educational institutions. This program allows resellers to pursue large sales that would otherwise exceed their credit capacity.
How it Works
The Purchase Order financing program is administrated for Cisco Systems Capital through a close affiliation with Deutsche Financial Services Corporation, a recognized financial leader. Resellers sign an agreement that assigns reseller rights in the end-user purchase order to Deutsche Financial Services. This program lets you finance large sales outside of established vendor or bank credit limits until Deutsche Financial Services receives direct payment.
Value Propositions
This financing program offers Cisco customers the following value propositions:
- Generous termsterms match customer payment, with the first 45 to 60 days interest free
Increases borrowing capacityenables Cisco authorized resellers to compete for large contracts by leveraging their customers' strong credit ratings
- Includes non-Cisco equipmentlets resellers finance the complete sale, not just Cisco equipment (subsidized terms vary by vendor)
- Increased cash flow and working capitalby matching equipment payment and actual customer payment, partners gain fuel for growth
A Cisco authorized reseller doesn't have enough credit to cover equipment financing for a $5 million contract it has just been awarded by a Fortune 1000 customer. Now instead of relying on its own credit limit of $500,000, the reseller arranges financing using the Purchase Order financing program, preserving its $500,000 credit limit for other business and protecting current bank borrowing arrangements.
Standard Costs
45 days interest-free (60 days if government)
For more information, contact Cisco Systems Capital Corporation at: |
| East and Federal: |
Jim Woolway |
408 527-2824 |
jwoolway@cisco.com |
| West and Central: |
Bill Kammerer |
408 527-1635 |
bkammere@cisco.com |
| General Info: |
Barry Lepore |
408 525-3965 |
blepore@cisco.com |