Software Financing and Technology Loans

Learn More About Benefits of...

•  Financing for your Business •  Financing for your Customers

When there is a lack of budget dollars for new software, everybody suffers.

Budget problems are shared by both software vendors—and the businesses who need the software. When budget dollars aren't available, purchases are often put on hold, stifling the progress of the company. The only people who benefit...are your competitors...with a technological advantage.

Software financing through Crest Capital can be the solution.

While most banks do not consider software a tangible asset, Crest Capital understands that the hardware in which you've invested a large amount of capital is useless without the right software. Software financing through Crest Capital is your means of funding the total solution, including associated services, maintenance, and implementation of the software investment. For the software user, costs are spread over a multiple-year term, matching benefits received from the software. This means the business can let the solution pay for itself over the duration of the lease or loan — keeping more working capital liquid to fund investments such as additional payroll or facility expansion.

Leasing is an excellent means of financing software.

Even for a company with large cash reserves, leasing can prove to be the right choice by accounting for software acquisition off the balance sheet. In addition to preserving working capital and credit lines, an advantage for a business that decides to lease is that a lease can often begin immediately—even if provisions for the item are not included in the current capital budget. The advantage for the software vendor is a shorter sales cycle and 100 percent cash up front. When vendors offer financing, they have an advantage over competitors that do not offer the flexibility and ease of leasing. And fewer requests for discounting are heard when a monthly payment is included in the proposals.

Whether you choose a lease or a loan,
Crest Capital is the right choice!