Paragon Financial Group is funding during the COVID-19 crisis.

Government Factoring

Government Factoring

Government Contract Factoring

As a small business owner, you know that a contract with the government could represent a great opportunity to grow your business and become more successful. However, you’re also aware of the problems 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 have no option but to pass up new contracts and opportunities. However, it doesn’t have to be that way. Government invoice factoring, receivable financing, and purchase order financing can help your business succeed.

What is the Financial Capability Certification Program?

This program provides customers with contingent financing responsibilities so that they can demonstrate to U.S. Government contracting officers that they possess the financial wherewithal to perform on contract awards. Moreover, this results in our customers winning more and larger, contract awards. This website has been designed to give you the government contractor and bid winner, a thorough comprehension 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 expenses 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 get a government contract, it can also be quite expensive to complete assigned jobs. Some companies will strive to cover the operational costs of a specific project and still fund other projects and jobs. […] ” Click here to read the rest of the article: Government Contract Financing.

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