U.S. Markets closed

Meridian PO Finance Announces the Successful Funding of Over $190 Million in PO & AR Financing

CHULA VISTA, Calif., Sept. 12, 2017 /PRNewswire-iReach/ -- Meridian PO Finance, a San Diego based licensed California lender in the alternative finance arena has announced the successful funding of over $190 Million dollars in purchase orders and account receivable opportunities with a driven focus on business development.

As direct lender, Meridian PO Finance uses their capacity to entertain PO & AR financing opportunities from $10K to $10 Million. Since fruition, Meridian's customary formula for underwriting, risk & money management, help determine the success rate of deals presented for funding.

Meridian's customary system known as ACRUM, has proven to provide the assistance and support both their clients and their funding partners require during preliminary procedures. This process is implemented throughout the preliminary phase to final approval of their clients and their opportunities.

Established in 2011, Meridian PO has financed both purchase orders and account receivables, with loan sizes up to $10 Million. Meridian PO has a good grasp on business related capital needs and the experience to guide their clients in a positive direction for business growth.

Meridian's PO & AR programs have proven to be successful and continue to set the ground for exemplary service in the alternative finance arena. Meridian PO's group has financed purchase orders in over a dozen Countries listed below.

  • Belgium (Antwerpen,
  • P.R. of China (Xiamen City, Ningbo Zhejiang Provence, Nanjing, Shanghai, Beijing Fang Shan Dist., Zhuji Zhenjiang, Taiwan, Kowloon Bay, Fanling)
  • Canada (Montreal, Quebec,
  • Europe (Antwerpen-Belgium, Geneva-Switzerland)
  • U. A. E. Dubai
  • India (New Delhi)
  • Italy (Villorba, Mezzacorona)
  • Israel (KFar Sava, Hagor)
  • Germany (Neuss, Luxembourg, Hamburg, Isenberg, Gilching, Vettelschob,
  • Korea (Songpa-Gu Seoul)
  • London (London Borough of Hackney)
  • México (Tijuana, Cuidad de MX, León Guanajuato, Guadalajara Jalisco, Mirador del Sol Zapopan)
  • Pakistan (Pershawar)
  • Russia
  • Spain (Vanises Valencia)
  • Sweden (Vaxjo)
  • Japan (Tokyo)
  • Thailand (Chiang Mai, Pattaya)
  • Viet Nam (Hanoi, Hue, Bien Hoa)

PO Industries Financed:

  • Aerospace
  • Apparel
  • Automotive
  • B2B sales
  • Consulting
  • Consumer Goods
  • Electronics
  • Environmental Technologies
  • Hardware
  • Information Technology
  • Government Contracting
  • Grocery & Perishable Products
  • Home goods
  • Licensing
  • Liquor and Spirits
  • Marine Products
  • Media & Entertainment Goods
  • Printing & Paper Products
  • Resellers and Wholesalers
  • Service Industries
  • Staffing
  • Software Financing
  • Sporting Goods
  • Technology finance
  • Textiles
  • Uniforms & Corporate Apparel

Total in Purchase Orders Financed: $140M

AR Industries Financed:

  • AR Industries Financed:
  • Fortune 100
  • Fortune 500
  • Small Business
  • Construction Arena
  • Medical (non-insurance)
  • Government: All Branches
  • Retail & Franchise
  • Wholesale & Distribution

Total in Accounts Receivable Financed: $53M

About Meridian PO Finance

Meridian PO Finance is a specialty finance company with a driven focus on purchase order and accounts receivable financing. Our typical client comes to us when they have a purchase order but require capital to purchase goods, supplies, materials and other elements they may need in order to fulfill that purchase order. Meridian's purchase order finance methods allow companies to generate sales that exceed their current financial capabilities and provide a solid platform for growth.

Media Contact: Karla Irish, Meridian PO Finance, (866) 988-6868, karlai@meridianpo.com

News distributed by PR Newswire iReach: https://ireach.prnewswire.com