If Microsoft was a bank its’ products wouldn’t crash!
Wednesday, November 19th, 2008If Microsoft was a bank its’ products wouldn’t crash!
Two things everyone knows.
1. Microsoft is a huge (understatement) worldwide software company.
2. World banking is in a horrifying state of flux (understatement no.2) at present.
Two things you may or may not know.
1. Microsoft has a finance division aptly if unimaginatively called Microsoft Financing.
2. They are at present in limited circumstances providing 0% financing!
Whats the catch? Here it is.
You must be a new purchaser of specific Microsoft Customer Relationship Management and Dynamics solutions. The financing period will be three years. You must take the offer some time between today (19th November 2008) and 20th March 2009. You must be credit approved. Your purchase must be a minimum of $30,000 and a max of $1,000,000.
Katrina Braund, (Microsoft Finance dev. manager) will be better placed to give the green light to finance applicants than many major financial institutions. Indeed the financing division of Microsoft which doubled business in the past year is likely to do more so in the next twelve months despite the common near closing of books at traditional finance sources.
The Microsoft finance division (and finance divisions at other major software and software as a service providers) originally came about as a consequence of a reluctance of mainstream finance houses to finance these offerings.
Microsoft are obviously well positioned to offer finance for their own products given the considerable markup which reduces risk. This will remain welcome in the software market. Could it tempt Microsoft to expand it’s finance offerings beyond it’s own products? Not likely but always possible.
