Federal Government Supplier

 
Government Contract Financing Payroll

Factoring Line of Credit for government contracts Client: A nationwide provider of water and wastewater treatment services to the federal government, based in Richmond, VA Industry: Environmental water and wastewater services Situation: The 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 ... Read More

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