OPSWARE FINANCING & LEASING SOLUTIONS FROM CARAHSOFT ^TM

Software Leasing Programs

Frequently Asked Questions

What is software financing?
When you finance a software acquisition, your company agrees to make a specific payment for a specific amount of time for use of a software license. Typically leasing is faster than other financing solutions and requires little or no down payment, so your working capital and bank credit lines remain available for other business purposes.

How is the credit decision made?
Minimal documentation is required and the process is typically faster than a bank loan. In addition to general business information, you may be asked to provide personal information on the company's principal(s) depending on how long your company has been in business and its corporate structure, e.g., sole proprietorship, partnership, etc. Financial statements and business references will also be requested with larger transactions or if there is insufficient credit report information to determine a company's financial strength.

How are payments determined?
The monthly payment is calculated based on the term of the financing, the software cost and the financing options chosen.

Can I add software to my existing contract?
Once you have an active installment payment agreement and an approved credit line with sufficient worthiness, you can easily add more software. The remaining payments are simply adjusted to accommodate the additional cost.

Can the agreement be cancelled or paid off early?
The installment payment agreement is a full-term agreement under which the lessor maintains a security interest in the software. The agreement may not be cancelled. However, it may be paid off early without a prepayment penalty. At the end of the term, when all payments have been made, the financing company (lessor) releases its security interest in the software.