Turn Government Contracts Into Working Capital
Through government factoring program, factors can give you the cash that fuels your business. Factors understand the culture of government and dealing with the government bureaucracy. Factoring companies have money available now for local, state and federal contracts in the USA. Currently, construction factoring are funding staffing, lawn contracts, GCs, demolition, painters, concrete, HVAC, paving, and site preparation companies; to name a few.
Factors look at the creditworthiness of your government client, so don’t be afraid about being turned down. Even if you have had a bankruptcy, tax liens or slow pays, Bankers can fund you through our government factoring services.
Construction Factoring can help you manage the wild swings in cash flow by getting you your money now; not wait 30, 60, or even 90 days. We can ensure your suppliers get the payment quickly so that you can negotiate the very best pricing. In many instances, the ability to take discounts and get better material pricing has made up for the cost of factoring.
Common Government Contract Cash Flow Problems
- Trouble covering payroll every week
- Not enough cash to fuel growth
- Can’t take on new contracts and fulfill existing government contracts
- Can’t take material discounts or saddled with late fees