The Hindu Business Line : Cisco announces launch of zero per cent financing programme

BANGALORE: Cisco on Thursday announced the launch of 'zero per cent financing for Cisco Multi-Year Services Programme' in India for small and medium-sized businesses (SMBs).

Offered by Cisco Services and Cisco Capital, it provides an interest-free financing package for multi-year contracts for technical services, SMARTnet and advanced services programmes, to address the budget concerns SMBs face, the company said in a statem ent.

According to Cisco, this financing programme will help SMBs transform their businesses with technology, while lowering Total Cost of Ownership (TCO) and enhancing the value of technology investments with flexible payment options.

“Most SMBs have realised that technology is critical to enhancing their competitiveness in the market, but on the other hand, many of them see technology as an expense that puts pressure on their company cash flow.

“The 'Zero per cent Financing for Cisco Multi-Year Services Program' has been specially designed and introduced for SMBs to help them deal with this dilemma,” said Cisco Capital (India and SAARC) Vice-president Mr Gautam Munish. - PTI

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