Producing goods and services under a government contract comes at a steep price. At Meridian PO Finance, we understand that if a private company is awarded a government contract, the last thing it should do is walk away due to capital restrictions, especially when you can get approved for small business financing.
Purchase order funding gives numerous private companies the resources they need in order to accept government contracts. Because working with the government offers private companies security and a steady flow of orders that pay exceptionally well, Meridian oftentimes is able to provide PO funding to government contractors. Understandably, government contracts possess a higher level of security than other industry contracts, making them a safer endeavor for purchase order finance companies like Meridian.
PO funding could be the missing piece between your company and a large government contract. With the right qualifications, private companies that receive PO funding from Meridian are able to successfully fill and deliver government orders quickly, pursue valuable government contracts, and avoid taking out costly loans due to credit restraints.
What is even better is that due to their quick turnaround and terrific track records on government orders, these contractors are typically eligible for future government orders. Government contractors increase their profits, the government receives their orders on time, and partnership begins—all in all everyone benefits from PO funding.
If it were not for government purchase order financing, countless of private companies would have to turn down valuable government contracts. Meridian PO Finance is here so that does not have to happen.