Cisco has announced the launch of 'zero percent financing' for Cisco
Multi-year Services Program' in India to help SMBs meet the rising demand for
technology to succeed in business.
Announcing the launch of Cisco's innovative zero percent financing program in
the APAC region including Hong Kong, Korea and China, GB Kumar, Senior
VP-Customer Advocacy, Cisco India and SAARC said, "Cisco is financing the
services needs of SMBs. This is an interesting trend in the industry. Service
offerings from Cisco will become more critical in terms of taking the challenges
forward," he said.
"Advanced technology is a key differentiator that can help businesses enhance
competitiveness in the market. One of the biggest challenges for SMBs is their
budget constraint, which hinders timely decisions on technology procurement and
deployment, and as a result affects their business development," added Kumar.
The program provides SMBs with immediate return on investment (RoI) by
allowing them to align their expenses with monthly revenue. It also helps lower
TCO for a company, enabling effective management of cash flow and resources.
With multi-year services contracts, SMBs can lock in current service pricing for
years.