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Overview
The Microsoft Financing Program enables a customer to purchase selected Microsoft products for only 30% of the actual price. The remaining balance will be due within the next nine (9) months at 0% interest.
Benefits & Features
1. Financial assistance supported by Microsoft.
2. Achieve your business goals with better management of cash flows.
3. Immediate use of Microsoft products upon initial down payment.
4. Available for Microsoft software purchased via Open License, Open License with Software Assurance & Get Genuine Windows Advantage (GGWA) SMO.
Sample Computation
| Total Package Price | 30% Down Payment | Monthly Payment | Interest |
| Php 250,000 = | 75,000 + | 19,500 + | 0% |
Total Package Price: Php250,000 (VAT inclusive)
Date Purchased: October 1, 2008
|
Due Date | Payment
(in PHP) | Remaining Balance
(in PHP) |
| November 30 | 75,000 | 175,000* |
| December 30 | 19,500 | 155,500 |
| January 30 | 19,500 | 136,000 |
| February 29 | 19,500 | 116,500 |
| March 30 | 19,500 | 97,000 |
| April 30 | 19,500 | 77,500 |
| May 30 | 19,500 | 58,000 |
| June 30 | 19,500 | 38,500 |
| July 30 | 19,500 | 19,000 |
| August 30 | 19,000 | 0 |
* The 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.
Eligibility
1. Available to SMSP customers, excluding EPG, Charity, Government and Academic accounts.
2. Complete submission of requirements on or before March 31, 2009.
3. Minimum total package price of P250,000 and maximum of P1,000,000 (VAT inclusive) per customer transaction.
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