What products can be purchased under the Microsoft Financing?
  • This financing scheme is only available for Microsoft software purchased via Open License, Open License with Software Assurance & Get Genuine Windows Advantage (GGWA) SMO.
What is the payment scheme under this program?
  • Under the Microsoft Financing Program, two POs will be issued to the customer: POa and POb. POa contains at least 30% of the total package price and shall be paid under normal reseller payment terms. The remaining amount will be due within the next 9 months (270 days) from the invoice due date of POa. Sample computation:


    • Php 250,000 (VAT inclusive)
    Total Package Price
    Microsoft Finance Plan
    Php75,000 down payment
    +
    Php19,5001 monthly
    (9 months to pay)
    +
    0% interest


    1The amount P175,000 payable in 9 months is P19,444.44. In such case, we round it up to the nearest hundred to simplify the computation process. The difference is then reflected on the payment (P19,000) on the last due date.

  • However, a Customer may choose to fully pay their outstanding balance at any time before due date of the last payment.
Can I have more than one active account under this program?
  • A Customer may only have a single active Microsoft Financing plan at any given time. Upon full payment of the plan, a Customer may then avail of a new and separate Microsoft Financing plan if the program is still running.
I already have an active account but I want to avail for another one, how do I go about it?
  • Once the Customer has fully paid their outstanding balance, their current plan is considered closed and completed, and they may now avail of a new and separate Microsoft Finance Plan provided the program is still running.
Is this program applicable to Open Value deals?
  • For Open Value deals, Microsoft will only finance the value on the first year of the contract and NOT the value of the 3 year contract.
How do I qualify for the Microsoft Financing?
  1. Microsoft Financing is available to SMSP customers only, excluding EPG, Charity, Government and Academic accounts.
  2. The minimum amount to qualify for Microsoft Financing is Php250,000 (VAT inclusive) per Customer transaction. The maximum amount is Php1,000,000. This amount may be a combination of different Microsoft software.
  3. Complete submission of requirements to Microsoft on or before March 31, 2009.
What are the requirements?

  • The following documents must be submitted by the Customer to the Reseller:

    • a. Securities Exchange Commission (SEC) Registration
    b. Certificate of Registration (COR)
    c. Municipal business license
    d. If VAT-exempted, documents supporting exemption
    e. If enjoying tax holiday, proof of tax holiday (BOI registration)
    f. Latest Audited Financial Statements
    g. Latest 3 months bank statements
    h. All existing Loan Agreements
    i. Signed Customer Agreement (to be provided by the Reseller)
    j. POa, POb

  • There will be a 3rd party Credit Investigator responsible for credit checks.
How long does it take for my application to be approved?
  • Turnaround time for Microsoft internal process is 5 days
  • For credit inspection, turnaround time is 6 working days if company information is readily available. If not, credit inspection may take up to 18 working days.
Can I use the purchased licenses right away?
  • Upon down payment, the Customer can use the licenses right away but until the Customer has fully paid for the licenses:

    1. The licenses are temporary; and
    2. The Customer may not assign, sell, distribute or otherwise transfer the license and Software Assurance coverage to any other party.
What if I default on the payment?
  • If the customer defaults on the payment for the licenses:

    1. Microsoft shall terminate all licenses purchased under Microsoft Financing Program.
    2. It is mandated for the customer to uninstall all licenses as the customer is no longer entitled to run or use the software.
    3. The customer will not get any refund to the down payment, and installments paid to the reseller as a penalty for defaulting.
    4. Microsoft may (but is not obliged to) notify the Customer that the licenses have been terminated.
What is the duration of this promo?
  • This program is valid from October 1, 2008 to March 31, 2009.
Can I combine this with any other promotions?
  • Any licenses purchased under this program cannot be combined with any other Microsoft Customer promotion.