Receiving a large order can be a powerful catalyst toward your small business’ success. However, due to capital restrictions, small businesses are often unable to accept all of the opportunities they receive without various forms of financing — small business PO funding being one of them.
Small businesses are forced to get creative when it comes to getting the capital they need, since banks do not give out loans as freely as they used to. Alternative options to traditional bank loans for small businesses include asset-based financing, cash advances, and small business PO financing. Depending on your circumstances, small business PO funding might be the key to growing your sales without selling your equity or increasing your debt.
Fortunately, Meridian’s small business PO financing can help small & medium sized businesses that qualify for purchase order financing.
When a large purchase order is awarded to a small business, it often doesn’t know who to turn to. Never turn down a monumental order—turn to Meridian. Small business PO financing can give you the ability and resources necessary to fulfill contracts on time.