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Cisco – supply chain financing

02 March 2011

Strengthening buyer relationships

This deal, for California-headquartered Cisco Systems, one of the world’s largest technology corporations, demonstrates how a bank and its corporate client can work closely together to enhance the client’s relationships with its buyers with a receivables purchase programme while supporting sales growth through a working capital in the programme. Wells Fargo Capital Finance was the lead arranger for a $180 million portfolio accounts receivable purchase programme and is supporting the programme with a meaningful hold position. Cisco’s largest buyers are system integrators and distributors in Europe, Asia, and...


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