Joint Purchase Order

Benefits

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 credit@newwavetech.com
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

Vendor Stores

Enter our vendor specific resource centers for the latest products and programs from these premier manufacturers.

Programs

A host of programs developed specifically for our customers to improve their bottom line. Warranty Advantage Comprehensive product maintenance support programs and services. We give you online tools to help manage your service contracts and recurring revenue stream. E-Commerce Advantage Providing the information you need when and how you want it, here at our VAR Portal, on your web site, or directly connected to your back-end. New Web Feature:
Deal Registration Tracking Ongoing visibility to all deals registered through NewWave, to easily track and manage opportunities through an interactive Dashboard.