Is the MPulse 0% Finance Program Right for Your CMMS Software Purchase?

23rd June 2017
23rd June 2017

If you’ve been researching your first CMMS software purchase (or an upgrade), you’ve realized most vendors want you to buy software as a service (SaaS) solutions.

But here at MPulse, we believe SaaS isn’t for everyone. So if you’re looking for a way to purchase CMMS software outright, take a look at our new MPulse 0% Finance Program.

Is SaaS Right for You?

First, let’s look at SaaS. Simply stated, SaaS is just another method of paying for CMMS software. When you opt for a SaaS subscription you’re choosing to rent software for a specified period of time instead of buying a license to use it indefinitely. The licensed purchase price for a maintenance management software package is typically equal to two or three years of SaaS payments.

If you’re on the fence about a new solution, SaaS may provide you a beneficial trial period to determine if the software meets your needs. You can change vendors at any time without abandoning a large investment—or you can purchase the software you’re using.

It also may allow you to pay for software without going through a formal procurement process. If your company divides departmental funding into operational expenses (OPEX) and capital expenses (CAPEX), you may be able to spend OPEX money on your software without making a CAPEX request.

SaaS has advantages, which is why MPulse offers our SaaS option to customers. In particular, those lower initial costs are attractive.

But the disadvantage is you never really own the software—so you need to keep paying for your subscription. And if you stop paying, you lose access.

Is MPulse 0% Finance Program Right for You?

Here at MPulse, we believe our customers should have purchase options that fit their needs. So we launched a new program that allows our customers to enjoy the lower upfront costs of SaaS, but to own the software outright in just 36 months.

MPulse provides financing through Marlin Business Services Corp.®, a nationwide provider of equipment and software financing. With the MPulse 0% Finance Program, you’ll have better payment terms than most SaaS contracts, and the software will be yours to keep.

Benefits include…

  • Finance 100% of your purchase
  • 0% interest rate for 36 months
  • No substantial cash outlay or down payment
  • Finance training and support services too
  • Monthly payments
  • Instant financing approval process
  • Easy electronic application
  • Turns your CAPEX into OPEX for easier management approval in many organizations
  • Significant tax advantages
  • No effect on your bank lines of credit

How Long Does It Take?

With our expedited approval process, we can get most financing approved in less than one business day. Because our financing is lease-based, inquiries don’t impact your credit rating. We can finance many businesses who may not qualify for traditional bank loans.

Contact us to learn more about the MPulse 0% Finance Program. We’re here to help.

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