Government ContractorFactoring

Government Contractor

Factor Funding Co understands how small and medium-sized companies face cash flow challenges as they work to grow their government contracting business. We know that slow-paying government agencies can put a real strain on a company’s cash flow, which is why we offer government contractor factoring.

Government Receivables

Engaging in contracts with government entities often means navigating through extended payment terms. Instead of immediate settlements upon delivery of services or products, government contractors might find themselves waiting 60 days or even longer to receive payments. This delay, especially when dealing with substantial contracts, can lead to significant cash flow challenges.

Any company that serves local, state, or federal government agencies might face one or more of the following financial hurdles:

• Extended periods waiting for accounts receivable to turn into cash.
• Challenges in securing short-term financing due to limited credit history.
• Past credit issues of company owners hindering financing opportunities.
• Government entities demanding extended credit terms.
• Significant contract opportunities straining available cash reserves.
• Expansion or large-scale projects necessitating capital outlays.

Government contractor factoring with Factor Funding Co provides a solution, turning your pending government receivables into immediate cash. This infusion of capital helps address these challenges and ensures your company remains agile and capable of seizing new opportunities.

Government Contractor

Selling products and services to the government can be financially rewarding for a company but future growth depends on your company’s ability to fill the orders. A company that fills the orders on time will get future business from the government. Those companies experiencing cash flow shortages will find future government business going elsewhere.

Government contractor factoring takes your government receivables and turns them into immediate cash your company can use to:

• Purchase materials
• Buy equipment
• Pay employees
• Invest in growth opportunities

Factor Funding Co has experience working with the Federal Assignment of Claims Act. We understand how it works, what it requires, and how to use it to turn your outstanding government invoices into the cash your company needs. Government contractor factoring helps your company to continue operating at its fullest potential without letting cash flow shortages interfere with its growth or its ability to fill orders.