Ceragon Networks Inc announced it has partnered with LEAF Commercial Capital (LEAF), a subsidiary of M&T Bank, to offer flexible finance options for its North American customers. LEAF has been a committed investor to the telecommunications market and specifically the broadband space through its lending to Internet Service Providers across the U.S. as well as to private networks in a variety of verticals for the last 10 years.

The partnership with LEAF opens a new alternate equipment financing option to customers. LEAF's state-of-the-art technology platform and streamlined financing processing will make it fast and easy for partners to manage their cash flow and deliver industry-leading solutions to customers without finance-related delays.

Steven Clyne, VP of Business Development at LEAF Commercial Capital, said, "I see a great opportunity for Ceragon to enhance its presence in the space with access to capital through our flexible financing programs. This will allow Ceragon's clients to scale and grow their business quicker without capital limitations and constraint. We understand the ISP's needs and look forward to our strategic alliance with Ceragon to continue our support of the industry."

Ronen Rotstein, President of Ceragon North America, said, "We're excited to be able to offer our customers this attractive financing option offered through this new partnership between LEAF and Ceragon. In this challenging interest environment, LEAF will enable our Ceragon and Siklu-by-Ceragon customers to accelerate their time-to-market, ultimately stimulating growth of their businesses at an attractive finance alternative rate."