Cisco Capital Extends Financing Program in Bulgaria in Cooperation With UniCredit Leasing
EasyLease Helps SMBs Buy Latest Technology with Zero per Cent Promotional Interest Rate Until July 31
SOFIA, Bulgaria, June 16, 2009 Cisco today announced the extension of its Cisco® EasyLease financing program in Bulgaria in partnership with UniCredit Leasing.
Cisco EasyLease is designed to help small and medium-sized business (SMB) customers adopt state-of-the-art Cisco networking products quickly and easily through leases with flexible terms and fast credit processing. Payments are made monthly, helping businesses maintain consistent and balanced operating and capital expenditures. To encourage local SMBs to take advantage of the offer, Cisco CapitalSM and UniCredit Leasing are offering a promotional zero per cent fixed interest rate on leases with 24- or 36-month terms approved under the financing program on or before July 31.
"The biggest barrier for SMB companies is not the availability of technology, but the lack of liquidity to implement new ICT solutions. Targeted financing can help remove budget issues, allowing companies to invest in advanced technology that will improve business productivity and operational efficiency while minimising costs," said Jordan Popov, country manager of Cisco Bulgaria. "The competitive financing offer by Cisco Capital and UniCredit Leasing puts Cisco technology within the reach of more SMBs, enabling them to equip their workforces with the latest communications and information technologies and better compete in these challenging times."
Cisco Capital and UniCredit Leasing have designed a financing program that requires a minimal initial investment and offers maximum convenience. EasyLease is a fixed-rate finance leasing offering that is available on an initial promotion with highly competitive rates on transactions of up to 200 000 euros, subject to stringent credit status and approval by UniCredit Leasing.
"We have a long-term relationship with Cisco and look forward to working with Cisco's reliable clients and partners to offer them competitive financing solutions," stated Plamen Minev, CEO of UniCredit Leasing in Bulgaria.
The financing offer is available through Cisco Certified Partners. It forms an integral part of Cisco's set of products and services specifically tailored for SMBs. Cisco has also designed a smart business road map for SMBs, a plan that matches short- and long-term business goals with specific technology solutions. For more information about Cisco's offering for businesses, please visit: http://www.cisco.com/go/smb.
About UniCredit Leasing
As a member of UniCredit Group, one of the largest financial institutions in Europe, UniCredit Leasing has substantially strengthened and further expanded its business to create a truly international leasing network. With more than 2,900 employees in 17 countries, UniCredit Leasing is nowadays the undisputed leader in the growing markets of Central and Eastern Europe (CEE).
About UniCredit Group
UniCredit is a major international financial institution with strong roots in 22 European countries as well as representative offices in 27 other markets, with over 40 million clients and more than 10,200 branches, approximately 174,000 employees at 31 December 2008.
In the CEE region, UniCredit operates the largest international banking network with over 4,000 branches and outlets.
About Cisco Systems
Cisco, (NASDAQ: CSCO), is the worldwide leader in networking that transforms how people connect, communicate and collaborate. Information about Cisco can be found at http://www.cisco.com. For ongoing news, please go to http://newsroom.cisco.com. Cisco equipment in Europe is supplied by Cisco Systems International BV, a wholly owned subsidiary of Cisco Systems, Inc.
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Cisco, the Cisco logo, Cisco Capital and Cisco Systems are registered trademarks or trademarks of Cisco Systems, Inc. and/or its affiliates in the United States and used by them or by affiliates under license in certain other countries. All other trademarks mentioned in this document are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company. This document is Cisco Public Information.
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