According to an article that was published by The National Business Review, De Lage Landen and partner Microsoft New Zealand have loosened their financing program’s rules by reducing the minimum Microsoft software requirement from 35% to 15% for loans under $5 million. Permissible non-Microsoft spending includes hardware and third-party software.
The article notes customers who borrow more than $5 million, the terms are unchanged: 85% of the money must be spent on Microsoft software and services. The average turnaround time for loan approval was five business days. For loans under $100,000, it could be less than 24 hours.
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