News & Articles

Customizing Financial Software Solutions
  • MIMICS Offers Financing Options for Flexible Budget Planning

    Thinking about expanding your business reach? Looking to move ahead in a hot new area of opportunity but not finding the room in your budget? Or maybe you want to finally launch that REITs or portfolio management startup?

    Whatever the reason, you need to make sure that your initiative gets legs under it from the beginning and has the support of reliable software.

    We understand that your business needs and, subsequently, your functionality needs can change sometimes faster than your budget may allow. MIMICS is happy to offer financing options that can work with your individual situation.

    But what does that look like?

    Generally, our software is purchased with a one-time license fee, 50% of which is due at signing and the rest at the end of implementation. However, if that 50% is not in your current budget, we are willing to set up a monthly payment schedule.

    So how does that work?

    We take the total cost of the software you are licensing (license fee and annual maintenance) and work out the amortization schedule for repayment with a reasonable interest rate, and you simply make the monthly payments while we get you up and running. We offer 3 different term options: 1-year, 2-year and 3-year.

    So, if an upfront licensing cost is keeping your implementation on the back burner, know that you do have options. Contact our Sales department with any questions, or to explore these financing options in more depth.