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Joint Purchase Order
  • No impact to your existing NewWave credit line
  • Interest free financing for 45 days
  • Allows you to book large scale opportunities while reducing cash flow concerns
How it works
  • Contact NewWave Credit Department, 800-536-5222 or
  • Work with NewWave Credit Department to have your customer pre-qualified. This may be as simple as running a Dun & Bradstreet report or it may require a completed credit application.
  • Once your customer is pre-qualified, you will receive the Joint Purchase Order Agreement. You must forward this agreement on your letterhead to your customer for signature and return to NewWave..
  • Receive a purchase order from your customer made out to you and NewWave directing payment to NewWave.

Frequently asked questions

What fees will I pay?
  • NewWave provides interest free financing for 60 days
  • If your customer makes payment beyond 60 days there is an interest charge of 1% per month
  • There is a $1000.00 processing fee charged by the independent escrow agent
What are the qualifications
  • Your end user must be credit worthy
  • Typically escrow agreements are utilized with a minimum order value of $50,000
When do I receive funds?
  • Once NewWave receives your customer's check, payment is made to you within 3 business days.

How do I present this program to my customer?

Money management is important to my company. To make sure things run smoothly we will be financing your transaction through our distribution Partner, NewWave Technologies. When processing your payment, please remit to:

NewWave Technologies, Inc.
4635 Wedgewood Blvd.
Frederick, Md 21703

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