Well, not literally, no. In other words you, cannot purchase a Mac on layaway or something like that. No matter how you pay for it, Apple gets payment in full at the time of purchase.
If you use Apple's finance offer, that is actually through a private bank which has parterned with Apple. You will actually get a credit card from them, preloaded with the purchase amount already on its balance. Your options for paying that off are whatever the terms of the finance deal are (some interest free period, but you can pre-pay above the minimum payment amount as you wish).