Feb, 2009 : Newtek Offers Reseller Financing Program

📅 February 10, 2009 - Newtek Technology Services (newtekwebhosting.com 👉 Total Reviews: 19
🙌 Average Rating: 7.6 / 10
👍 Good Reviews: 14
👎 Bad Reviews: 5
👈 Official Responses: 0), the technology services division of Newtek Business Services (newtekbusinessservices.com) announced on Monday it has launched TechExec (newtektechexec.com), a new program that enables Microsoft based web hosting resellers to earn reoccurring revenues and commissions by offering Newtek financial and business services to their own B2B clientele.

The program is unique in that it brings together Newtek's technology and business service segments, enabling Microsoft resellers to provide a private label one-stop business solution to customers they have traditionally only offered web design, development, and hosting services.

As a result, each Microsoft reseller is provided with a new store front and new product line with no startup costs.

Newtek is currently offering the TechExec program to Microsoft's Partner Community as part of Microsoft's next generation web platform.

"The TechExec program provides Microsoft centric web design and development firms that resell our hosting an easy way to differentiate themselves from competitors," says Barry Sloane, chairman and CEO of Newtek Business Services. "Participating resellers will not only broaden the scope of services they currently offer, but also enjoy increased profits with very little effort on their end."

Newtek TechExecs can now offer their clients a range of services under their own brand, including e-commerce solutions, web-based payroll, electronic payment processing, business commercial loans, commercial and cyber insurance, accounts receivable financing, data storage and business cash advance.

According to the TechExec website, "TechExecs have access to their own custom-built website, product training, assistance with marketing materials, selling guides, corporate service support, and the NewTracker -- a web based platform where agents can submit referrals for any service, track the status of referrals in real-time, and forecast their expected revenues."

The TechExec program will help resellers earn regular commissions and reoccurring income streams, as well as provide substantial savings to their clients.

Microsoft resellers interested in applying for the program can visit the TechExec website. There is also a detailed breakdown on the program's commissions available for download here.

Newtek Technology Services is a wholly owned subsidiary of Newtek Business Services that provides web technology solutions to the small- to medium-sized business market to customers in over 100 countries.