EBMS > Financing Options for Eagle Business Management Software
We have 2 lease options:
1. The Software-as-a-Service (Saas) lease.
This lease does not require you to purchase the software or updates and includes the support subscription.
- Pro: It does not require a time commitment. You can discontinue this lease at any time.
- Con: The monthly costs continue as long as the software is being used. This time period could extend for 20 years or longer, like some of our existing customers.
2. 48 month Lease/Purchase lease.
This lease finances the software for 4 years when the lease ends and you own the software.
- Pro: You own the software in 2-5 years.
- Con: You have a 2-5 year commitment to the payments.
Advantages of financing
- Keep more of your cash in house for working capital
- Greater flexibility / fewer restrictions than typical bank loan
- Tax Advantages (especially the Section 179 deduction)