Cisco Offers Financing To Increase Partner Profits

Cisco Systems Inc. (CSCO) is offering three-year, 0 percent financing on qualified purchases, and hopes the financing will boost profits for partners and bring more success in the SMB market. The financing terms dictate that at least 70 percent of multi-vendor solutions must come from Cisco in order for the deal to qualify.

Furthermore, deals with enterprise customers and service providers are not eligible. Cisco officials said this is just one of many initiatives on the horizon to help partners spur demand and drive up profits as the economy begins to recover.

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