Barracuda Taps Capchase for Financial Services Offering
Barracuda Networks, a Campbell, California-based cybersecurity company, has announced an agreement with Capchase, a New York-based vendor financing company, to deliver a new financing program that offers Barracuda customers flexible payment options for multi-year contracts, while ensuring resellers and distributors receive full payment upfront.
“We are removing any financial friction from the purchasing process and empowering customers to invest in critical security solutions with greater flexibility, while ensuring our partners benefit from immediate and predictable payment,” said Geoff Waters, Chief Revenue Officer at Barracuda.
Barracuda Financial Services is designed to deliver greater payment flexibility for buyers, accelerated payouts for partners and reduced operational overhead. Customers can spread payments across their preferred schedule. Resellers and distributors can also benefit from full upfront payment without any changes to their existing quoting or billing workflows.
The service embeds digital payment links directly into sales processes, enabling faster deal closure. Pre-qualification and approval processes run behind the scenes.
“Traditional financing solutions were built for a different era,” said Miguel Fernandez, Chief Executive Officer and Co-Founder at Capchase. “Barracuda Financial Services exemplifies our vision of true embedded vendor financing – delivering buyer approvals in advance, transparent terms and seamless, branded partner experiences that match the speed of modern sales cycles.”
Barracuda Financial Services is available now through Barracuda’s global reseller and distributor network in select markets. Partners can request financing options through their Barracuda representative, with real-time approvals powered by Capchase’s automated underwriting platform.
Channel Impact®
This new financing program provides customers flexible payment options for multi-year contracts and upfront payment for resellers and distributors, accelerating partner payouts and potentially reducing operational overhead.
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