In order to maintain a competitive edge, up-to-date software and systems are crucial. However, software projects can be complex – often with several milestones and vendors. Learn about the many benefits of financing software projects.
What can be financed?
Why should companies finance software?
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Streamline multiple vendors into one simple monthly payment
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Gain predictable budgeting with fixed monthly payments
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Alleviate administrative burdens with dedicated project manager
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Preserve cash flow for hiring needs
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Finance the entire project including hard and soft costs
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Receive low, fixed rates and best cash purchase price
When can it be financed?
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Start-up – Subscription and licensing fees
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Strategy – Consultation services
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Buildout – Development costs
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Go live – implementation and training costs
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On-going support – managed services fee
Technology and software are critical for companies to maintain operation efficiencies, stay competitive and safe. However, updates can be expensive and complex. Financing 100% of a software project can help you simplify payments and stay within budget, with the help of First American. Read a recent success story here.
Fill out the form below to learn more about how First American can customize a financing solution for your business.