Factoring Line of Credit for Government Contracts

Factoring Line of Credit for Government ContractsFeatured Case Study
Situation:
An eight-year-old Company has government contracts for water and wastewater services at U.S. Air Force bases. Their certified treatment operators manage all aspects of operations, maintenance, energy management, analytical testing, and safety. However, working with government contracts and waiting for payment left them in a cash flow crunch. In need of working capital, they first began looking into factoring in 2010.

Challenges: The Company had federal and state tax issues that had to be cleared up before they could factor. We guided them through the process and kept in touch. They also had a bank loan with liens on their assets. Making the deal even more urgent, they had a chance to add more Air Force bases to their client roster but needed working capital to hire additional workers and purchase equipment.

Find out how Paragon helped them close a $1 million factoring line of credit

Get a fast govt factoring line of credit!

Apply Securely, call 888-400-5931 ext 1 or email us.

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