Cisco release $2.5 billion finance programme

[DarrenOC]

Maybe old news for some but this announcement may help some partners and their clients to implement or enhance their working from home solutions. May also be a lifeline for some to bring forward projects.

“Today, Cisco announced a $2.5 billion financing program that lets our customers defer 95% of payments until 2021, giving companies additional leeway at a time when some are facing a cash crunch.”

https://newsroom.cisco.com/press-release-content?type=webcontent&articleId=2069370

[DarrenOC]

Business Resiliency Program for Customers

https://www.cisco.com/c/en/us/buy/payment-solutions/programs/business-resiliency-program-customer.ht...

[JustinTedrick]

Cisco has been investing in channel financing to provide partners with working capital during the economic downturn.

[AnnemarieToefie]

When other companies tighten their credit policies, it has provided its partners with support in the form of loans, which, since October 2008, has resulted in an increase of $2 billion in sales.