Software Financing
There is no doubt that having the latest software for your firm can make a huge difference in productivity and growth. At Noreast Capital we provide a vast array of software leasing solutions that will allow your firm to conserve capital and increase office productivity. In this current economic environment, software is becoming more important than hardware. As a result, software costs are increasing and making it tougher for small and medium sized business to acquire software that is essential to their businesses. Ang guess what, you are not alone! Some analysts predict that over $2.5 Billion of software is financed each year… Because the cost of leased software qualifies as a tax deduction!
By leasing, businesses can overcome the challenge of coming up with the capital they need to acquire software to allow their business grow. Leasing software ensures companies can properly project IT costs and help companies stay within their budgets. Whether it’s a customized accounting system, CRM on manufacturing automation software our software financing specialist can tailor a leasing program to meet you budget and allow for growth.
Benefits of Financing:
- Quick and easy credit submittal process (~4 hours)
- Conserves cash
- Helps with cash forecasting by providing fixed payments
- Increases purchasing power
- Add equipment quickly in response to industry or technology changes
- Preserves bank lines of credit
- Customized financing solutions such as seasonal payments can be designed to match your individual requirements
What types of software can be financed:
- Advertising
- Accounting
- CRM
- CAD
- Business Management
- Graphic Design
- Point of Sale
- Help Desk
- Scheduling
- Inventory and Supply Chain Management
At Noreast Capital, we’ve helped thousands of companies finance software. Please contact one of our sales representatives today to speak one on one with one of our software leasing specialist.