Sunday, May 5, 2013

Government Contract Financing, No Financials Required


We have been helping small business owners with Invoice Lines of Credit for almost 10 years. Our job is to find Lenders who will finance Government Contracts once your company Invoices the Government.
 
The process of Invoicing the U.S. Government and getting paid in 30 days if fast becoming easier and more efficient, yet there are small companies who need a substantial amount of cash flow to meet payroll in two weeks rather than four weeks.
 
Often times, small business owners wait until the need is in "emergency status" and we can't help them in time. They read online that Government Contract Financing is available, and they often see these same types of ads and articles saying "Factor Your Invoices in 24 Hours." And for the most part this is true, except for Government Invoices!
 
For corporate Invoice Factoring or Accounts Receivable Financing it can take anywhere from 24 hours to 72 hours. Factoring Government Contracts is different. It takes longer to do the song and dance which the U.S. Government and most states require.

When you do business with the Government, State, City or County Agencies, it is best to set up your Invoice Lines of Credit in advance.
 
In some cases, small business owners can manage the budget and the cash flow and opt not to use Invoice Lines of Creidt, Factoring or Accounts Receivable Funding (different words meaning the same thing) but what happens is "opportunity." The small business owner is confronted with an opportunity, which he/she can only act upon if the cash flow is right.

We find Lenders for small companies who are having growing pains and the banks are way too slow to help. The door of "opportunity" can close as fast as it opens, and when cash flow is a concern, we find a Lender with 24 hours. The actual time it takes to fund your Invoices depends on who owes you, their credit rating, (not yours) and how long it will take them to pay you/Lender.
 
Rates vary, yet are affordable, especially when dealing with Government Contract Financing. For immediate placement with a qualified Lenders for Government and Corporate Invoices click here: Invoice Line of Credit No financial statements required.

 
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