To provide complete solutions to the government and close business by a date certain in the absence of sufficient fiscal year funding, immixGroup® offers extended payment terms to government customers. Our unique, holistic approach addresses the challenges of budget cycles and technology refreshes with programs designed to balance the needs of our clients and partners within the guidelines of government fiscal law and procurement regulations. This programmatic approach assures our manufacturer clients, channel partners, and government customers that immixGroup will manage and provide services throughout the period of performance.With flexible, programmatic LWOP and LTOP options, we can tailor a payment plan that's adaptable to the customer's funding profile. Our payment plans can be used for products, solutions, service level agreements and performance-based acquisitions. Payment plans span multiple fiscal years and range from $50,000 to more than $100 million. Unlike other government technology companies, immixGroup takes a programmatic lifecycle view of overcoming immediate shortfalls in government budgetary resources and seeks to offer options early in the process.
immixGroup's Adaptable Payment Solutions supports the government program office with:
immixGroup may extend trade credit to “authorized” partners to buy goods and services with the ability to pay within established net payment terms. All partners must apply for trade credit by completing a credit application.
In addition to a completed credit application, applicant companies may be required to provide the following documentation in order to qualify for trade credit:
All partners buying from immixGroup must have executed sourcing agreement to establish buy/sell terms.
immixGroup has established outbound financing programs with commer¬cial finance companies, such as GE Capital, De Lage Landen Financial Services and Castle Pines Capital (a Wells Fargo Company) to offer financing options to our Partners.
Flooring arrangements are credit facilities established for Partners with commercial ﬁnance companies. Such programs provide Partners with the ability to finance products for extended terms without impacting cash flow. In many cases, this period may be completely interest free to the Partner.
Flooring beneﬁts to the Partner include:
This arrangement is ideal for large opportunities where an end user’s purchase order to a partner exceeds established credit facilities available to the partner. In this program, the ﬁnance company provides the end user (govern¬ment customer) with an assignment of claims letter directing payment to the ﬁnance company instead of to the part¬ner. Qualiﬁed end users include federal, state, and local government entities.
These transaction types include single purchase orders or single contract types as well as ongoing or recurring busi¬ness with a speciﬁc customer/agency (e.g. monthly, quarterly). To use a POF Assignment of Claims program, the partner must have an established credit facility with a Flooring company that has a supplier program with immixGroup.
POF beneﬁts include:
This arrangement is ideal for large opportunities where an end user’s purchase order to a partner exceeds established credit facilities available to the partner. In this program, the Partner provides the end user (govern¬ment customer) with an assignment of claims letter directing payment into an escrow account for the benefit of both, immixGroup and the Partner organization. Qualiﬁed end users include federal, state, and local government entities.
In an escrow arrangement the bank assumes the fiduciary responsibility to receive funds from an end customer and then disburse the money to the beneficiaries.
The Partner and immixGroup, both execute an escrow agreement with the bank as the fiduciary party to the escrow.
For additional details around our credit options, send an email to firstname.lastname@example.org, or contact:
Director of Business Operations
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