Government Contract Financing
How can our financing and factoring programs help your business to succeed? Government contract financing from Business Factors can help prevent the most common problems experienced by government contract providers:
- Large scale contracts that routinely use up all or most of the working capital available
- Meeting payroll
- Having to pay late fees as a result of wait time for payment of invoices
- Inability to take on new contracts while still being able to fulfill existing contracts
- Need to obtain additional government contract equipment financing
- Not enough working capital to allow for growth and expansion
Government contract financing is regulated by the Federal Government Assignment of Claims Act, and we put our years of experience and familiarity with this law and with the culture of government bureaucracy to work for you, in order to help your business obtain the government contract business financing that you need. Financing for government contract providers has helped many businesses meet the unique challenges of this industry.
We base our decisions on the credit worthiness of your government clients, which means that your own personal credit history is not a determining factor, even if you have experienced slow pays, tax liens, or bankruptcy in the past. Our qualified government contract business financing counselors will work with you every step of the way, and provide you with the advice and resources that you need to manage and grow your business.