Northpoint Commercial Finance has expanded its market focus to provide financing solutions to technology OEMs, distributors and value added resellers. Leading the technology effort is industry veteran Robert E. Wagner, who brings more than 25 years of financial services and channel finance experience.

Responding to market demand, Northpoint has developed asset-based financing programs customized for the needs of the technology channel. Northpoint will leverage its financial and technology expertise to deliver an efficient and steady source of working capital to help technology businesses overcome financing challenges. The programs offer channel partners additional credit with extended terms, enhanced liquidity and purchasing power as well as improved cash flow and working capital.

“As technology hardware, software and service products continue to evolve at an ever-increasing pace, delivery models are changing to cloud, software as a service and other types of on-demand solutions,” Wagner said. “As a result, financing challenges have increased for technology manufacturers and resellers. The channel requires a progressive lender who can customize financing and adapt to meet evolving needs.”

Wagner underscored Northpoint’s dedication to the technology sector through their ability to support channel partners of all sizes, including those focused in the SMB space.