Cisco allows customers to defer payments till 2024

Cisco announced a program that will allow customers purchasing products or solutions before July 29, 2023, to defer all payments until 2024. All Cisco solutions are eligible for this new Cisco Capital Business Acceleration Program, including hardware, software, and services, as well as select partner services and third-party hardware. To complement the initiative, the Cisco Refresh portfolio of Cisco certified remanufactured products is also eligible for the Cisco Capital Business Acceleration Program, helping organizations acquire competitively priced and ready-to-ship hardware.

Cisco said payments deferred until 2024 would be based on the total amount financed and contract terms. 

“The Cisco Capital Business Acceleration Program is in response to customer and partner requests to help mitigate financial challenges based on overall market uncertainty and the impact that it is having on their businesses. Our goal is to provide payment options that allow continuous technology investment to maintain productivity and business continuity while minimizing cash outlays,” said Kristine A. Snow, SVP and President, Cisco Capital. “Customer success is our priority. The new program is designed with this in mind and will help address some of our customers’ most pressing concerns.”

https://newsroom.cisco.com/c/r/newsroom/en/us/a/y2023/m05/cisco-launches-program-for-customers-and-partners-to-accelerate-technology-investments.html