Anritsu SmartPay™ Designed to Help Reduce Financial Strain Associated with Developing Technology and Products During Challenging Economic Times.
April 24, 2009
Anritsu Company is redefining test instrument ownership with Anritsu SmartPay™, an equipment acquisition program that gives customers the power and flexibility to pay for Anritsu test equipment interest free over a 12-, 18-, or 24-month period. The program has been developed as part of Anritsu's commitment to be a partner to companies developing technologies and products for the wireless, optical, and data/IP markets.
"Technology needs to be continually developed for our industry to be successful, even in challenging economic times. Our customers also need test instrumentation to ensure the performance of their existing products to maintain and grow market share. We recognize this and have created the program so our customers stay competitive with less financial strain," said Frank Tiernan, President of Anritsu Company and Vice President of Anritsu Corporation. "Our commitment to being a partner with our customers is evident with Anritsu SmartPay because it helps them maintain cash flow, minimize financial risk, and ensure the quality of their products."
Under the program, Anritsu sales representatives will work with customers to determine the test configuration necessary for their needs. Customers then select whether they want to purchase the equipment over 12, 18 or 24 months. Monthly payments are based on the cost of the test equipment divided by the length of the plan selected by the customer. Ownership of the instrument transfers to the customer after the final payment. For added flexibility, Anritsu SmartPay also has a mid-term cancellation option for customers.
Anritsu's full standard warranty applies immediately upon receipt of the equipment. Extended warranty payments can be spread out over the length of the Anritsu SmartPay agreement as well.
Longer term leasing and financing options are also available to customers.