850 Jetty Lane
Chula Vista, CA 91914

(866) 988-6868
info@meridianpo.com

Mon - Fri 10:00am - 5.00pm
Sun & Sat Closed

Frequently Asked Questions

Our list below will help you find the answers to many of the question you may have. If you don't find an answer for what you're looking for, please contact us at 866-988-6868 and one of our representatives will help you.

A Letter of Credit, or LC, is a binding document from a major bank guaranteeing payment to your supplier whom will be paid once all conditions of the transaction are met.

Meridian can provide purchase order financing coupled with the option to factor receivables through Meridians Accounts Receivable Finance program.

No. Purchase Order financing is where goods, supplies or materials are being purchased by Meridian, to produce a finished product. Accounts Receivable Financing is utilized once the customer receives the finished products and our client generates an invoice. Meridian advances funds based on the Invoice submitted to your customer.

Meridian will work with a select few AR factors. If your current AR factor is amenable to reviewing Meridians inter-creditor agreement, there is a possibility to work together. If your current AR factor is not willing, Meridian will require to finance your accounts receivables should you decide to utilize our purchase order finance program. All outstanding balances must be paid to your current AR factor in full before Meridian can advance on new PO & AR opportunities.

Yes. Most financed transactions are outstanding 60 days or less. If the time frame is longer than our standard, and margins are sufficient (20% or higher) we can provide an avenue to factor your invoices through Meridians Accounts Receivable Finance program.

No.  Meridian PO Finance is a direct purchase order lender and licensed in the state of California. Our firm deploys our own capital into your deal.

Meridian PO Finance understands the current economic environment and its effect on individual’s credit standing and available credit. Meridian bases pre-approval on the momentum of the business, viable transactions, good standing relationships with customers, suppliers and vendors, rather than on your personal credit history. Personal credit is a minor variable in the approval process.

Purchase order financing is an excellent solution for a business to obtain quick, short-term capital. Meridian PO Finance’s purchase order financing solutions cover the supplier’s (of Meridian’s client’s) expenses associated with a specific purchase order. Purchase order financing frees up your cash for critical business expenses and overhead, and most importantly, allows your business to grow outside of its current cash flow constraints.

Popular Questions

A Letter of Credit, or LC, is a binding document from a major bank guaranteeing payment to your supplier whom will be paid once all conditions of the transaction are met.

Meridian can provide purchase order financing coupled with the option to factor receivables through Meridians Accounts Receivable Finance program.

No. Purchase Order financing is where goods, supplies or materials are being purchased by Meridian, to produce a finished product. Accounts Receivable Financing is utilized once the customer receives the finished products and our client generates an invoice. Meridian advances funds based on the Invoice submitted to your customer.

Meridian will work with a select few AR factors. If your current AR factor is amenable to reviewing Meridians inter-creditor agreement, there is a possibility to work together. If your current AR factor is not willing, Meridian will require to finance your accounts receivables should you decide to utilize our purchase order finance program. All outstanding balances must be paid to your current AR factor in full before Meridian can advance on new PO & AR opportunities.