Cisco Capital and UniCredit Leasing today announced the availability of a financing program in Romania, designed to help small and medium sized companies. The program called EasyLease is a floating-rate finance leasing offering, on transactions of up to 200 000 euros, subject to credit status and approval by UniCredit Leasing.
Cisco EasyLease is designed to help SMB customers adopt state-of-the-art networking technology quickly and easily through leases for Cisco products and solutions under flexible terms and fast credit processing. Payments are made monthly or quarterly, helping businesses maintain consistent and balanced operating and capital expenditures.

“The biggest barrier for SMB companies is not the technology itself, but the lack of funds to implement new ICT solutions. Adequate 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 Bogdan Dragos Constantinescu (photo), general manager of Cisco Romania.

As Dan Constantinescu, chief sales officer of UniCredit Leasing in Romania commented, the current economic crisis has affected the majority of small and medium sized businesses. “This is why our program launched today with Cisco Capital is designed to these companies”.

As for the evolution of the financing volume via Easy Lease in 2009-2010, the head of Cisco Romania said “it is too early to speculate and offer some data now. I am looking forward to talking this issue after the first three months”.

The financing offer is available through Cisco Certified Partners, and forms an integral part of Cisco’s tailored set of products and services specifically designed for SMBs. The full array includes voice and data solutions with high security level, which includes assistance, service and financing.

Easy Lease is available on an initial promotion with highly competitive rates (average margin Euribor +1%) to which is added the value of equipment insurance and a 2% of the total value of the contract.

The minimum amount available is 7,000 euros. Bogdan Constantinescu considers granting financing for transactions above 200,000 euros.

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