Sourcewire - 3/9/07

Sage, a leading supplier of business management software, has launched two subsidised finance plans for Business Partners, exclusively available through Sage Finance for a limited period. The 0% and 3.9% Licence Plans, designed and managed by Syscap, help Sage Business Partners to overcome customer budgetary or cash constraints and assist in the procurement of Sage software in the lead up to Sages year end on 30 September. Business Partners benefit from full upfront payment by Sage, whilst customers benefit from an immediate return on investment.

Licence Plan payments are fixed at the start of the agreement and are repayable by the customer on a quarterly basis over two years. Both plans require minimum cash outlay from the customer and mean that businesses can acquire the Sage solutions they need, when they need them, without damaging cashflow or eating into capital. The Plans run until 30 September and have support from both Sage and the Sage Business Partners.

Leading independent finance provider Syscap, which manages Sage Finance, designed the Licence Plans to support the Sage sales proposition and help Sage Business Partners to develop strategic relationships with key decision-makers in companies and practices of all sizes. Sage Finance removes the risk and cost of payment collection and enables Business Partners to identify and close more revenue opportunities.

Mike Kelly, Head of Sales at Sage UK Limited, comments: The Syscap team that manages Sage Finance has continued to impress us with their professional approach to meeting our customers needs. The low rate Licence Plans offered by Sage Finance remove the typical constraints which prevent companies making an acquisition, supporting our Business Partners and enabling more customers to use our products.

Philip White, Chief Executive Officer at Syscap, says: These attractive Licence Plans demonstrate our seamless approach to sales and finance. We recognise that the modern customer wants flexibility when it comes to licensing and particularly payment and we will continue to work with companies like Sage to offer them just that.