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Cisco Business Resiliency

Product
Developers: Cisco Systems
Date of the premiere of the system: April, 2020
Branches: Information technologies

2020: Permission to pay for all the products in 2021

On April 14, 2020 Cisco announced the financial Business Resiliency program which will allow clients of the company to continue to purchase at it technological solutions even if they for it do not have enough means.

$2.5 billion through division of Cisco - Cisco Capital are selected for the program. Clients of the company will be able to purchase solutions of producer in 2020 and to begin to be calculated for them since January, 2021. The only condition — to pay in 2020 at least 5% of cost of the purchased solutions.

Cisco announced the financial Business Resiliency program which will allow clients of the company to continue to purchase at it technological solutions even if they for it do not have enough means

The program also includes providing a delay on the current payments for already purchased products until 90 days.

It is possible to purchase according to the Business Resiliency program any products Cisco, including the hardware, the software and services. And also to take by installments up to 5% of cost of the services rendered by partners of the American vendor (for example such as installation).

Business Resiliency also extends to partners of Cisco (on the middle of their April, 2020 there are 60 thousand). They will also be able to propose to the customers of payment by installments on the solutions proposed by them. Payments by installments will be financed by the same funds which Cisco allocates for the program.

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Clients and partners of Cisco are under improbable pressure, trying to save communication between the enterprises, remaining productive and protected — Chuck Robbins, the chairman of the board and the CEO of Cisco told. — Irrespective of whether there is a speech about technologies, financing or the help to those who most of all need, Cisco is committed to collaboration in fight against a pandemic on all fronts.
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The producer also reminded of the existing Cisco Refresh program allowing to purchase Cisco equipment with considerable discounts. Since April, 2020 it will be possible to purchase solutions through Refresh also with a payment deferral till 2021.[1]

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