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.

[AnnemarieToefie]

The company also may extend the channel financing period to 90 days, a combined six-month financial incentive package for those partners already enrolled in the program. In doing so, the company will continue to expand its 90-day partner financing program to reach even more partners worldwide. Along with the company's success, I would like to enter their program as a representative of my network organization. But we need to minimize all costs and increase revenue. As usual, I am turning to my good people at Mortgage Broker Tamworth to do this.