Government Contract Financing
Government Contracting Financing allows companies the ability to either Factor their Government Invoices for up to 90% of the invoices face value or pledge their Government Invoices for an Asset Based Lending Line of Credit facility for up to 80% of the invoices face value.
Winning a contract is an excellent way to grow your small business. Owning a company strong enough to be awarded a Government contract is a major milestone and the Government is perhaps the strongest creditor client a company can have on their books.
However, most Government Invoices are typically paid on net 30 to up to net 120 business day terms. Government Contract Financing is potentially a great program that can advance capital to businesses within 24 to 48 hours of submitting their approved Government Invoices.
Whether you own a General Contractor company performing construction for the Government or Private Security company providing services for the Government or any other type of approved Government Invoice.
Our experts at Troy Business Group can provide you with access to a myriad of Government Contract Financing programs for your company.
Whether your business has just won its first contract or it has multiple contract awards.