Microsoft cuts software loan requirements

Microsoft New Zealand has made changes to its financing programme, which it says will allow customers to purchase software, services and hardware with ease.  The minimum Microsoft software requirement has been cut from 35% to 15% for loans under NZ$5 million.

Microsoft says this allows customers to spread the cost of technology investments. The minimum Microsoft content for loans over $5 million is 85 percent. Brent Colbert, Director – Partner Strategy, Microsoft New Zealand, said, "Our customers are using different types of financing on a regular basis – anything from capital raising to overdrafts. We have specifically designed the Microsoft Financing programme so these customers can get flexible and affordable loans to fund growth and development of their organisations.” "Customers are able to finance assets such as equipment, allowing them to free up cash flow to invest in core business activities. There is a quick turn around on all credit approvals, on average it is five business days for the larger amounts but can be less than 24 hours for amounts up to $100,000.” As a member of the Microsoft Partner Network Intergen now offers Microsoft Financing and has noticed an increase of customer enquiries about the programme. "Being able to offer a financing option when a customer is looking to make an IT investment is great – it automatically allows them to think outside the box and not be constrained by money. We are very excited to be able to give our customers a creative financing option that really adds value by supporting their ability to purchase high tech solutions,” explained Bruce Smith, Intergen’s National General Manager - Sales. Microsoft Financing is offered through all Microsoft Partner Network members.