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Software Financing Purchasing Oracle software can be a frustrating and expensive experience. If you make an uninformed purchase, you can spend significantly more than you need to or end up with the incorrect licensing for your environment. Since 1996, Cintra has brokered over $100,000,000 in Oracle licensing and saved our clients over $35 million in license and support costs. We draw from this deep understanding of Oracle licensing policies to provide our clients with the best licensing and negotiation strategy. As your partner, we are committed to looking out for your best interest. For existing Oracle customers, our License and Support Review service provides valuable analysis of existing licensing and support configuration. We identify underused licenses and help you repurpose or migrate these licenses to reduce ongoing support costs. Most Oracle partners will provide Oracle licensing as a secondary product line to hardware. They will not know the current licensing guidelines, minimums, and discounts. Cintra focuses 100% of our efforts on Oracle database, application server, development tools, and best of breed products that enhance or extend Oracle functionality. Leasing Services Cintra provides a variety of flexible financing solutions through operating leases for Oracle, Veritas and Polyserve software licensing. You can also combine licensing, services and hardware into one lease to spread payments for your project over several years. We customize pricing and structure terms for a wide variety of customers, both small and Large. Here are some of the benefits of software leasing: Conservation of Capital Eliminating the up-front capital outlay is a primary reason our clients lease. Since cash is not tied up in up front licensing, it can be available for company growth. Additionally, existing bank credit lines can be better utilized for more appropriate corporate purposes. Tax and Financial Reporting Advantages Lease rental payments for an operating lease are fully deductible for income tax purposes. Also, leasing may reduce tax record keeping associated with capitalization and depreciation. Leases classified as operating leases for financial reporting purposes are not reflected on the balance sheet and may improve important financial ratios. Lower Cost Alternative Comparing common acquisition methods; cash, traditional credit lines and leasing and adjusting each alternative for the effects of taxes and the potential return on investment of saved capital dollars, leasing can be the least expensive acquisition alternative. Your tax advisor can provide specific recommendations. Simplicity A lease is generally easier to obtain and document and is less restrictive than most bank loan agreements. Additionally, the tax and financial accounting of a lease can be easier and more straight forward than a loan. Please contact a Cintra Representative for more information regarding Cintra’s software leasing options. |
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