UK customers to get Brocade-BNP Paribas leasing

Deal sealed to underwrite Brocade Capital Solutions arrangements

Brocade will supply leasing finance through BNP Paribas in a deal covering Europe, with particular attention paid to the UK, the Netherlands, Germany, France, Italy, Austria, Belgium and Spain.

Marcus Jewell, EMEA vice president at Brocade, said it was all about "delivering tomorrow's networks today". In other words, customers will in effect be able to delay paying for IT kit, helping increase the run rates for Brocade's networking and storage portfolio.

"Customers can turn on vast amounts of networking capacity, but do so in a flexible manner, such as bundling hardware, software, support contracts and professional services into one monthly payment," Jewell (pictured) said.

Brocade leasing is part of the vendor's Brocade Capital Solutions portfolio which includes Brocade Network Subscription, another way to shift capex.

According to the vendor, leasing can help businesses deploy IT and related services as they are needed, scaling up and down more rapidly to cope with changes in demand and consumption.

"No down payment or capital is required to install equipment, and there are no term limits," according to Brocade.

The arrangement also covers India.