We Finance Your PO
We offer a new way to improve your cash flow by financing your POs.
What is PO Financing?
Every day governments are issuing POs for government-based entities and industries such as Healthcare, Defense, Construction Sector. And the amount of POs is staggering. In Saudi Arabia, the government issued 738,610 POs worth over SAR 664 billion until the end of Q3 2021. Resellers need to pay for the goods from multinational manufactures based on the POs while waiting for the government to pay at maturity. The difference in terms is creating cash flow challenges for resellers, especially SMEs to finance their working capital. This is where Ta3meed comes in. Based on its innovative platform and funding assessment, Ta3meed offers PO financing to SME resellers. Because the POs are backed by the government, financing tends to me at attractive terms leveraging crowd-funding from institutional and individual investors.
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Meet our Founders & Board of Directors
Join a fintech Company with a big mission
People don’t join a company. They join a mission. And ours is big: Offering innovative financing solutions for every SME in Saudi Arabia. At our core, we are problem solvers; a learning organization with a growth mindset innovating and moving at a fast pace. Current financing solutions are focusing on large corporates leaving SME behind with no fast and cost-efficient way to unlock working capital. So we built a new one.