Brocade Announces Financing Options for Customers through Brocade Capital Solutions

07 June 2010 12:15 pm , CTOF Team

Program to Feature Customized, Flexible Options for Procurement of Brocade Products and Services

The program has been designed to enhance and expand Brocade's relationships with its customers and help Brocade better respond to competitive and business pressures .  The Program has became more business critical with customers according to a survey by IDC, which predicts that the worldwide market for IT leasing and financing will grow from nearly $90 billion in 2008 to more than $125 billion by 2011. Some of the most frequently mentioned benefits for IT leasing cited by customers include:

  • Protection against equipment obsolescence;
  • Freeing up capital for other uses;
  • Providing the opportunity to better balance project costs with benefits.

"The goal is to provide our customers more options in the way they are able to acquire Brocade solutions and manage the lifecycle costs of those assets," said Deb Dutta, vice president, Brocade Asia Pacific. "Through Brocade Capital Solutions, we address our own long-term business strategy of growing our business while meeting an increasingly important customer demand."

Brocade has unveiled two specific financing programs to provide customers low-cost options in procuring solutions:

  • A three-year, “same as cash” (0% financing) plan;
  • A plan offering no payment for 90 days and 2.9% financing for a three-year lease thereafter.

Both financing plans apply to select hardware and software in the Brocade networking portfolio.


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