San Jose, CA — March 20, 2024 — Cisco Systems Capital, Inc., a wholly owned subsidiary of Cisco Systems, Inc., and the company’s global captive finance business, names Nick Small as President. He will lead the company's global captive finance business. As a trusted advisor, Cisco Capital provides access to Cisco technology through flexible payment and lifecycle solutions in more than 100 countries. The business balances sales enablement with overall financing portfolio risk to drive profitability for Cisco.
Previously, Nick served as Vice President of Financial Global Shared Services at Cisco, responsible for Cisco Capital Global Operations, Global Payroll, Global Disbursements and Global Portfolio management, including all elements of Cisco’s invoice to cash processes.
“I am thrilled that Nick will lead Cisco Capital into its next chapter. He brings the experience needed to lead the development of innovative financial and lifecycle management tools so we can continue enabling our customers and partners in their transformation journeys," said Scott Herren, Executive Vice President, and Chief Financial Officer (CFO) at Cisco.
Prior to Cisco, Nick served as Managing Director of CIT’s US Equipment Finance Business, interim Managing Director for CIT Vendor Finance Europe and Chief Operations Officer for CIT Global Vendor Finance, and Director of Shared Services, overseeing the consolidation of technology and service platforms of various entities into one operation.
During his 30-year tenure in the industry, Nick has gained a wealth of industry expertise, including sales leadership, operational excellence, portfolio management, and global technology and process implementation.
Nick holds a BA in Economics and Accounting, from Muhlenberg College, Pennsylvania. He is also active in the Equipment Leasing & Finance Association and is a sitting board member.
About Cisco
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Cisco Capital’s purpose is to provide customers and partners choices to acquire Cisco technology through payment and lifecycle management solutions, powering an inclusive future for all.
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