Ross Davies, Cisco’s financial solutions manager for Sub Saharan Africa, said Cisco Capital’s aim is to support business transformation and provide growth opportunities for customers, by providing them with funding at a cheaper rate than banks.
The company, which has been established in South Africa since 2006, has launched customised solutions for financing technology investments, such as Technology Financing, which offers flexible financing options for Cisco technology solutions including hardware, software and services, Channel Financing, which provides credit lines and payment terms beyond Cisco’s standard net 30-day term, and Pre-Owned Equipment, which organises the resale of Cisco certified refurbished equipment.
