The situation
Selling to the government is a great business model. When done right, you can make a lot of money. More importantly, you can help make a difference. A growing government contractor in Maryland won a large contract to supply baby formula to refugees coming to the United States.
When the order came in larger than expected, there was a need for working capital. The other issue on hand was that there was limited supply in the market. With such a time sensitive purchase order, the contractor had to move fast to secure the inventory and deliver to the customer.
The solution
Mrkt Growth assisted the contractor with purchasing the product, and coordinating the logistics. Once the contractor knew the financing was covered, the contractor and our team got to work sourcing the product.
The success!
The delivery was made ahead of schedule to a very happy customer. Oftentimes entrepreneurs need assistance. This could be tackling a new initiative, or financing a purchase order. Mrkt Growth is there to help you and your company be as successful as possible.
Services provided by the Mrkt Growth team:
- Direct debt investment
- Provided funding to cover 100% of the cost of goods to fill the government contract