Financing Solutions for Government VARsTESSCO financing is collaborative, flexible and specific to your needs - see how TESSCO can help your business! Open TermsOur credit-granting process is simple and timely! Special FinancingAssignment of Proceeds (AOP)You and your bank agree that the bank will pay TESSCO from a cash reserve account. The agreement can be ongoing or limited to a project or purchase order. You and the end user or third party payer sign an agreement in which the third party pays TESSCO directly. In either instance, the agreement might include a financing and security agreement and guarantee. TESSCO expects remittance for only the amount necessary to pay invoices due for payment under the agreement. Joint Purchase Order (JPO)A joint purchase order allows you to increase your business credit capacity by using your customer’s credit-worthiness to secure a higher credit line for bigger purchases. If approved, your customer issues a joint purchase order to you and to TESSCO, using TESSCO’s remittance address. Your customer pays TESSCO directly, and you will receive your margin within 24 hours. Your margin and customer relationship are protected. 60-Day Open TermsIn appropriate situations, an additional 30 days might be approved with the presentation of a government or schools purchase order. Personal CreditIf your business is new and your business credit is not yet established, TESSCO will extend credit to your business through your personal guarantee. Credit Card PaymentFor your convenience, TESSCO accepts both personal and business credit cards, including American Express, Discover Card, MasterCard, and Visa. Third Party LeasingValue-added resellers can enjoy our no-headache, streamlined leasing solutions! It is your deal but we manage the process! Government LeasingBalance your company’s cash flow through leasing, which gives you financial flexibility and conserves bank lines for working capital. More important now than ever for small- and medium-sized businesses, TESSCO offers a full range of leasing options with fast turnaround time, easy documentation, competitive rates, and affordable monthly payments! Special VAR pricing for our teaming partnersYou can earn GSA pass-through pricing. Call TESSCO today to learn which of the business and financing tools in the Government Program can assist YOU in winning and profitably deploying government contracts. 1-800-472-8065 www.tessco.com/go/gov Back to top |