Microsoft launches a Financing Solution for Irish Customers which provides up to 100% of eligible software, hardware and services costs

In the December 2008 edition of the Irish Partner Newsletter, Microsoft Ireland launched a Financing Solution, a new service to provide financial assistance for Irish businesses wishing to procure and deploy business applications and services. This service is available for your purchases of Microsoft software, Profile Software, hardware and your services. Most importantly it's a new service offering for Microsoft partners in Ireland & Northern Ireland.

Technology provides Irish businesses with the opportunity to manage costs and increase productivity and competitiveness. This finance offer will enable Irish companies to access the latest technology and services while helping them to effectively manage ongoing IT costs.
Microsoft Ireland's Finance solution is distinct from leasing as it enables customers to completely own the merchandise at the end of the financing term, without the requirement of a balloon payment or product return. The provision of a single finance solution for IT purchases allows Irish companies to better spread the costs over an extended period with low interest rates over the term of the loan.

Quotes from Irish Partners already using the service
"The current economic environment is causing a more rigorous analysis of IT projects which now must demonstrate a clear return on investment. This finance solution will allow customers to package the costs for software licences, infrastructure and services and through financing match the payments against the investment period."

"Most customers we talk with want to update their systems but say the upfront cost of the total solution can be a barrier. With this Finance solution Microsoft has really helped remove the upfront capital cost and align to our monthly billing preference for I.T. services"

Obviously in the current climate it's often difficult for companies to finance the purchase of new technology but this Finance offer for the Irish market has been designed to address this issue but providing low cost finance for the purchase of software, hardware and services that can bring incredible benefits to your business.

Technology is one of key areas that can help companies to compete more effectively in difficult economic times and it is recognised by industry leaders and analysts that increased productivity will be a key factor for business success moving forward in 2009. When you look at how the latest technology can reduce costs, increase the quality of business information and analysis, while enabling teams to collaborate more effectively, it becomes clear that technology has a major role to play in helping Irish businesses to actively address challenging economic conditions.

Financing IT solutions provides an alternative means for Irish businesses to make sound investments in technology that can help to drive greater efficiency and competitiveness.

Additional details about this Finance Offer

• The service offers finance for software, services and hardware as long as there is at least one Microsoft component in the contract. Customers receive rights to use the software as long as needed, based on payment terms
• Microsoft or its agents reserve the right to request additional information for credit purposes on any contract.
• At any time during the contract, you can add software, hardware, or services with supplemental financing starting at €1,500. Additional credit approval will be required.
• Interest rates are very competitive and determined by the term and size of the contract
• Payment terms are offered in 24 to 60 month increments, depending on the programme.
• Down payments or deposits are generally not required.
• Payments can be structured on a case-by-case basis