
Everyone's financial needs are different. As your business grows and requirements evolve, NewWave is ready to respond to your expanding financial needs with creative financing services, designed to help optimize your cash flow, increase your buying power and maximize sales opportunities. Access to adequate working capital is critical to the long-term success of your business. We make it our business to provide you with flexible financial services that are adaptable to your changing needs - now and in the future.
For more information or to speak to one of our financial experts call us at 800-536-5222 or email at credit@newwavetech.com
Who can take advantage of
these services?
Literally anyone! While every
business has its own financial needs, Resellers who take advantage
of these services will typically fall into three main categories.
Leasing
NewWave offers leasing as an
excellent source of funding for both your hardware and software
purchases. Leasing preserves your cash, protects against obsolescence,
is simpler and faster than a bank line, and provides efficient asset
management. We have many programs available to fit each customer’s
specific need. When you work with NewWave Leasing, you work with
professionals who understand the unique issues and concerns of the
industry---professionals who will successfully guide you through
the process of integrating leasing into your sales process.
Provide a “total” solution by including financing options in your next sales presentation. For a quote or further information, contact your NewWave Leasing Manager, Dave Chimera at 301-556-0743 or email dchimera@newwavetech.com.
Joint Purchase Order
By teaming up together, our
partnership allows you to sell to creditworthy end-users without
impacting your credit line with NewWave. Your end-user simply
issues a joint purchase order then remits funds by joint check
to you and NewWave. NewWave deposits the check and then makes
payment to you from the proceeds. This agreement allows you to
capture large volume contracts with virtually no out-of-pocket
expenses or cash flow concerns.
Escrow Agreements
The escrow agreement allows
you to sell to Fortune 1000 companies and government agencies without
impacting your credit line with NewWave. Your customer remits funds
directly to the escrow agent (Suntrust Bank). Once the payment is
processed, the escrow agent distributes funds to you and NewWave.
This financial option goes virtually unnoticed by your customer.
Assignment of Proceeds
This program has the same
benefits as the Joint Purchase Order program, however it is typical
used when your customer has already generated a PO on your behalf.
In the process, the payment (proceeds) which you would ordinarily
receive is assigned to NewWave. Similar to an Escrow or Joint
Purchase Order agreement, NewWave provides interest free financing
for 60 days with zero impact on your existing credit line.



