As a small business owner, you know that a contract with the government could represent a huge opportunity to grow your business and become more successful.
But, you’re also aware of the issues that come with the opportunity: big government contracts use up all your operating capital, can pay 60 or 90 days later, and cash flow is short in weekly payroll and fixed overhead… so you’re forced to pass up new contracts and opportunities. But it doesn’t have to be that way: government invoice factoring and purchase order financing can help your business succeed.
This website has been created with the purpose of giving you, contract owners, a thorough understanding of what government contract financing is and how it can help your business succeed.
How Government Contract Financing Can Help
Featured Article – What is Government Contract Financing and how can it help your business?
“Government contract financing can be a very effective way for companies to fund the operational costs associated with doing business with the Federal government. Every year, the U.S. government assigns contracts to private businesses throughout the United States.
They are available for both small and large businesses.
While it can be a great feeling to be awarded a government contract, it can also be quite expensive to complete assigned jobs. Some companies will struggle to cover operational costs of a particular project and still fund other projects and jobs. [...] ”