m-hance gets flexible

VAR teams up with channel finance firm Syscap to offer tailored payment plans to its customers

Mid-market VAR m-hance has paired with IT finance specialist Syscap to offer its customers flexible finance options and help them manage their budgets.

Under the deal, m-hance - which was formed in 2011 after the merger of seven mid-market players - will offer its customers packages that will allow them to spread the cost of purchasing its software, training, hardware and maintenance offerings in a way that will suit their business.

Customers will also be able to extend financing terms when they need further upgrades and balance their IT budgets in leaner times.

Mark Thompson, chief executive of m-hance, explains, "Businesses often find that their initial IT investment can be the most challenging to secure. M-hance Finance is perfectly positioned to help businesses overcome any cost barriers to investment, no matter how large the financial outlay, enabling them to remain agile and stay ahead of their competition by investing in market-leading software and services."

He added: "Businesses that select m-hance Finance can pay over time while gaining an instant return on investment from m-hance's innovative solutions today. In addition, they can benefit from considerable tax advantages through the ability to offset their IT expenditure as an operating expense rather than an asset, further improving their bottom line. In terms of flexibility it offers an alternative option for those that are still unsure about moving to a completely managed or SaaS model."

Scott Phelps, senior vendor manager at Syscap, said: "We are delighted to be partnering with m-hance to deliver this flexible finance offering. As a dynamic and innovative software author they are constantly looking to provide new ways of allowing their customers to own the software of tomorrow, today."