Extreme Networks, Inc. has introduced Extreme Capital Solutions, providing financing options for customers, partners and prospects acquiring the San Jose-based networking vendor’s solutions. Combining Extreme’s CPEaaS (CPE As a Service) offerings with the Brocade Network Subscriptions business, the new offering provides options for leasing, 0% interest financing and an acquisition model that gives customers the ability to acquire network infrastructure without the upfront capital investment. Hardware, software, maintenance and training costs can be bundled into one single financing plan.
“By launching Extreme Capital Solutions, we’re building on a strong legacy program that gives our partners an ability to support evolving consumption models and allows our customers to access Extreme’s hardware and software-driven solutions through a flexible program that meets their needs,” said Ed Meyercord, CEO of Extreme Networks. “Extreme has always been a customer-first organization, and we are confident that Extreme Capital Solutions will provide a competitive alternative to new and existing customers, enabling them to be agile and innovate in the years to come.”
Extreme is offering two compensation plans available through approved Extreme partners, including a VAR-enabled managed service provider model and a traditional resale model. Technical support options and service level agreements are also available.
This initiative is likely to facilitate the move to cloud computing with increased flexibility for risk-averse companies, or for customers with very tight budgets and limited cash flow. This, in turn, represents new revenue opportunities for Extreme and its partners, as well as strengthened relationships with customers.