Can My Business Receive Government Contract Financing?

Posted by Gil Oliva on Mon, Sep 16, 2019 @ 09:20 AM

Large government contracts can be a boon for your company, as they provide generous amounts of revenue. Unfortunately, government contract payments can be far from reliable. Since government contracts depend on collaboration between multiple governmental agencies, payment can take longer than with other kinds of businesses. Sluggish payment processes can disrupt cash flow and even jeopardize your own timely payments to employees, suppliers, vendors, or subcontractors. This is where the process of invoice factoring comes in. Learn if you can apply it to your government contract and how to use invoice factoring for your municipal clients.

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Topics: Factoring Accounts Receivable, Government Contract Financing, Business Financing, Invoice factoring

Taking the Next Step: Bidding for Government Contracts

Posted by Gil Oliva on Fri, Jun 24, 2016 @ 08:00 AM

As a business owner, you want to take the next step and grow your company. For many small and mid-sized businesses, that means working on getting lucrative government contracts. Even if you’re lucky enough to get the work, actually doing it can be a real challenge, especially when it comes to things like invoicing and billing.

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Topics: Government Contract Financing, Cash Advance, Financial goals, Business Financing

Government Contracts and How to Win Them

Posted by Gil Oliva on Fri, Jul 31, 2015 @ 08:00 AM

Government contracts are available for small to large businesses. Federal bids require your company to follow a precise process. It is all about understanding the bid process and preparing accordingly

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Topics: Cash Flow, Government Contract Financing

How to Obtain a Government Contract for your Transportation Company

Posted by Aaron Zahedani on Wed, Mar 11, 2015 @ 08:00 AM

There are many benefits to working with the federal government, such as guaranteed payment and no shortage of work, but it is not always easy to get started. So how should your trucking company go about obtaining government contracts?

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Topics: Cash Flow Solution, Government Contract Financing, Transportation Factoring

How to Obtain Government Contracts in Manufacturing, Distribution and Wholesale

Posted by Steve Barthol on Fri, Feb 20, 2015 @ 08:00 AM

Selling to the government means understanding the intricacies of the process. The rules are continually changing. The unique requirements for the distribution and wholesale companies are worth considering. 

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Topics: Manufacturing and Distribution Financing, Government Contract Financing, Wholesale financing

Government Contractors – SBA Provides a Great Learning Opportunity!

Posted by Aaron Zahedani on Wed, Mar 05, 2014 @ 08:00 AM

Consider the fact that the federal government buys close to $100 billion worth of goods and services just from small businesses every year! It may be time to brush up on the skills required to win a contract from the federal government.

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Topics: Government Contract Financing, Financing Government Contractors

PREPARING TO WORK WITH THE GOVERNMENT

Posted by Jeremy Sherman Higbee, Guest blogger on Wed, Jan 22, 2014 @ 09:00 AM

Government contracting is an intimidating proposition. Doing business with the largest buyer of goods and services in the world (the U.S. government) does indeed take a lot of preparation, but doing business with the federal government is a huge untapped potential source of income that your business can capitalize on.

One of the first things to consider is what the government is actually looking for. You can look at bid notification services to see what bids are active and in what industries. There are a ton of industries that the government hires for goods and services: from agriculture, to sports equipment, to janitorial work, to food. So, don’t think that you’re automatically disqualified from competing in the federal marketplace.

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Topics: Government Contract Financing

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