New Ruckus Networks offerings add flexibility to Wi-Fi financing
In today’s hyper-connected world, the lack of reliable and consistent Wi-Fi can have a devastating impact on worker productivity and customer experience and lead to a substantial loss of revenue for businesses. While many companies and institutions recognize the importance of providing robust, reliable Wi-Fi and future-proofing their assets, the upfront costs and fiscal realities imposed by budget constraints often inhibit their ability to implement them.
Now, Ruckus Networks, an ARRIS company, has launched a new financial services program for its Wi-Fi solutions that offers multiple financing options to customers including leasing, zero percent interest, and subscriptions.
The program gets to the heart of the issue facing businesses today- while owners know that making investments in better connectivity will significantly improve their bottom-line finding upfront capital is often an inhibitor. Ruckus’ new program provides the full range of Wi-Fi connectivity solutions for customers while spreading the costs over an extended period enabling them to grow more efficiently.
“We have used Ruckus Financial Services to help fund a large public venue project for our customer,” said Brian Smith, sales manager, UDT a leading IT service provider. “With upfront and flexible funding, the Ruckus solution aligned with our budgetary, operational, and revenue generation objectives.”
Through the program, which is available globally, customers can receive 100% financing for hard and soft costs including hardware components, and financing terms typically range from 18 months to three to five years based on the scale of the project.
“The impetus for the program came in a big part due to customer asks. We were hearing from partners that there was a need to align with their cash flow and operational revenues both incoming and outgoing,” said Scott Hewlett, senior manager of Global Sales Finance at Ruckus Networks in an interview with In-Building Tech.
“In many cases, customers were able to multiply the business opportunity from 50% to five times,” said Hewlett.
For customers who don’t want to own the assets outright, the company’s has “as-a-service” or subscription offerings which Hewlett says are becoming a more popular option.
So far more than 100 customers in industries ranging from hospitality, education, large public venues, and multi-dwelling units globally have engaged with the program.