American Express Business Finance Program -
Sponsored by Sage Software
Sage Software, in partnership with American Express Business Finance, offers Web-based financing options available to assist your clients in acquiring Sage Software Solutions. In keeping with our commitment to influence sales opportunities and assist our channel partners in closing new sales, we are sponsoring American Express Business Finance to offer Sage Software partners a streamlined, and easy to use, financing product for their customers that may need financing.
American Express Business Finance utilizes cutting edge technology to help businesses offer fast and reliable equipment financing. Financing through American Express can bring you a world of benefits, including streamlined documentation, rapid approvals, and competitive rates and options. Now you can get all of the advantages of leasing, as well as the level of service you expect from American Express.
The American Express Business Finance Program is the affordable, easy, fast and secure way for your customers to pay for their Sage Software solutions monthly, instead of having to purchase them with a single up-front payment.
On our Web site, you can log on to Sage Software Online and find the Business Partner Pre-Fund Qualification Form, as well as a financing calculator and a link that allows you to complete secure customer lease applications. Once your qualification form has been approved, you will be given a user name and password that will enable you to enter the Financing Online system and track the activity of your client’s applications and receive status change information.
Standard Features
- 100% project financing extends to cover all Sage Software and user licenses, support plans, training and other Sage Software services, as well as all business partner-provided services ? in one affordable monthly payment. Optionally, your customers can include other vendor software, hardware, and services in the financing.
- Projects from $5,000 to over $150,000
- Competitive rates
- No money down
- 12, 24, 36, 48 and 60 month payment options
- Easy one-page online customer application
- Quick approval (minutes in most cases)
- Customer owns the Sage Software license
- Custom financing and payment solutions are also available
Business Partner Features
- Up to 50% pre-funding available to qualified Sage Software partners
- Convenient on-line monthly payment calculator
- Online account tracking, status and reporting of all Sage Software Financing applications
Customer Benefits
- Pay for software solutions within operating budgets through affordable monthly payments
- Conserve available cash/working capital by avoiding cash purchase or large down payments
- Preserve available credit lines for future borrowing
- Simplify and level-out expenses by bundling software, support, training,
and consulting into a
single account with monthly payments - Obtain all the licenses and services that will be needed ? right away
- Better match software expenses with the long-term benefits of the solution
Business Partner Benefits
- The American Express Business Finance Program helps Sage Software partners close more business by removing the "upfront capital cost" barrier
- The American Express Business Finance Program allows Sage software partners to compete more effectively with service bureaus and application service providers that offer monthly and per-employee pricing models
- The Sage Software Financing Program's pre-funding feature improves Sage Software partners’ cash flow management by allowing them to receive project revenue in advance of final project completion
How the American Express Business Finance Program Works
- Sage Software has partnered with American Express Business Finance through a non-exclusive vendor agreement. American Express Business Finance is an independent financial agent that works directly with the customer to arrange financing. American Express Business Finance administers the entire program, from application through billing and collection.
- On Standard term leases, the American Express Business Finance Program is structured as a "One Dollar Buyout Financing," which means there are no additional costs at the end of the financing term. The customer, not the finance company, is the licensee and owns the software at the end of the lease.
- To participate in the program, the Sage Software business partner
must first fill out and submit the Pre-fund
Qualification Form. Doing this NOW can speed up the approval
cycle and bypass the paperwork later by pre-qualifying you to participate
in this program!
Once you’ve been approved, you will be given a user name and password and have access to the American Express Financing Web site through a link on the BOSS Finance Site. American Express will send you a packet with all the details, including the option of personalizing your customer application, linking to the American Express Financing Web site via your own home page, and more. - The Sage Software business partner develops the total solution price and calculates the customer's monthly payments with the on-line calculator. Or, they may contact American Express for the financing proposal, offering a few different lease options.
- The business partner can fill out and submit the American Express Business Finance Program customer application on-line. Or, the customer may fax or e-mail the application directly to American Express Business Finance.
- The Sage Software partner applies for and receives project pre-funding (up to 50%) from American Express Business Finance.
- Upon approval, the customer signs and returns the American Express Business Finance Program Agreement form to their Sage Software business partner for approval by American Express. Sage Software partners place software, services and equipment orders with their vendors, as usual.
- Upon completion of the project, American Express Business Finance releases the balance of the project funds to the Sage Software business partner and the lease commences.
