Finding Opportunity in the downturn
The financial markets remain under considerable stress. Liquidity has evaporated causing capital to become scarce, this in turn has made the cost of borrowing more expensive. Businesses are now focused on preserving both the cash they have on hand and their existing credit lines, thus placing more scrutiny on capital equipment purchases.

What are the experts saying?
Analysts largely agree that worldwide spending on information technology will slow significantly in 2009 as a direct result of the global financial crisis that began in September 2008.

- IDC expects worldwide IT spending to grow 2.6% in 2009, down from its earlier forecast of 5.9%. Geographically, growth will be slowest in the US, Japan and Western Europe, where it will hover around 1% next year¹.

- In Australia, predictions are that technology departments are vulnerable to review and possible cuts².

- Information technology projects at major companies in New Zealand are being frozen while investments are being monitored in the face of the current economic climate³.

What should business do?
Securing alternative sources of capital has never been more important as businesses are increasingly challenged to reduce spending and preserve capital while remaining effective and competitive.

Cisco Capital Can Make The Difference
Cisco Capital is continuing to make financing available and affordable for most Cisco® customers. As a captive finance source, we are not experiencing the capacity issues that are currently affecting some banks and independent leasing companies. With the strength of our parent company, Cisco, we are able to provide financing alternatives to our customers. As a trusted business partner, we can help you to acquire Cisco technology with the best acquisition strategy for your business.

Customer Benefits
Cisco Capital can help you identify a more strategic acquisition path for Cisco solutions through:

• Cash and credit conservation; access to an alternative line of credit
• Flexible financing structures and terms that allow access to future budgets, with the option to convert capital expenditures to operating expenditures
• Captive finance rates and residuals that help to reduce your total cost of ownership
• Alignment of project costs to technology benefits resulting in increased ROI
• Total business solution financing (Cisco equipment, software, services, partner services, and complementary third-party equipment)
• Customized financing to produce the best economic and useful life scenarios for your unique business circumstances

Cisco Capital combines expertise in flexible, competitive financing with a comprehensive knowledge of Cisco technology. Cisco Capital provides unique value and insight by building a more strategic framework for the acquisition and lifecycle management of Cisco solutions.

To learn more, please visit www.cisco.com/go/capital or Contact your Cisco Capital representative to learn how our captive financing can make the difference for your company, today.