April 14 - 14:04
Cisco announces $2.5 billion 'buy now, pay later' financing initiative
Cisco's financing arm has announced a $2.5 billion initiative to help customers access its services and technology during the COVID-19 crisis. The programme offers up-front 90-day payment holiday and allows a customer to defer 95% of the cost of a new product or solution until 2021. The announcement follows on from HPE's $2 billion financing programme which was launched last week.
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