Bankers Factoring Proudly Funds Government Contract Sales
Special Govt Factoring & Govt PO Funding Programs for US Veterans
Government Invoice Factoring for Veteran-Owned Small Businesses
Bankers Factoring is honored to work with the men and women who have served our great country in uniform. More importantly, veterans possess the values that make our country great. And Bankers Factoring is here to help you finance and grow your business with Government Contract A/R Financing via government invoice factoring and federal government purchase order funding.
We have Veterans in key positions at Bankers Factoring and we salute them every day. We would be proud to help you grow your B2B and B2G government contract sales by financing your US veteran-owned company.
Most veteran-owned businesses experience cash flow shortages or a lack of capital funding in their early days. When your growth requires new equipment, more inventory, and increased staffing, you need capital now, versus waiting 90-days or longer from customers created cash flow obstacles.
However, What can federal contractors do about cash flow problems when SBA is not helping? Bankers Factoring offers AR or invoice factoring and other alternative government contract AR financing solutions for veterans businesses to facilitate their growth plans.
How Invoice Factoring for Veterans Works
Military veterans have a variety of SBA loans, small business loans for veterans, and other financing options that provide vets with great benefits. However, taking on debt and securing lines of credit can be tough and risky. Accordingly, a more risk-averse or conservative small business owner may prefer accounts receivable factoring (or government invoice factoring) as a financing solution. Govt Factoring offers working capital only limited by your ability to generate solid invoices.
Invoice factoring is not a credit line but continuously selling one of your more liquid assets on your balance sheet, your accounts receivable to Bankers Factoring. More importantly, businesses with no credit history, low credit scores, or new startups can qualify for A/R factoring. Most importantly, Bankers factoring has deep experience with the FAR and understands the craft of dealing with government entities at all levels.
Invoice factoring is when a client sells their invoices (accounts receivables) to Bankers Factoring, and in exchange, we pay up to 90% as an upfront cash factoring advance with the 10% balance less our fee when your government customer pays the invoice. Factoring eliminates cash flow shortages instead of waiting for 90-days or longer to receive payment from your customers.
Bankers Factoring provides same-day funding after qualification providing immediate liquidity to fund operations and growth plans. The best part is not carrying and debt, not collecting on the invoice, and quick capital.
Accounts Receivable Factoring for Veterans Services
At Bankers Factoring, our employee-owners take pride in serving you with strength, safety, and guidance. More importantly, we value removing the credit risk from your business and allowing for sustained growth.
Bankers Factoring is a well-trusted, dependable, and established lender – we trust and confirm that customers are completely satisfied with your fulfillment. Your credit score does not stop you from receiving business funding with Bankers.
Our client’s customers (The Account Debtor) often refer us to their other vendors in need of liquidity in their business. Account debtors would only do so if they appreciated our professionalism and light touch. Bankers Factoring, the leading employee-owned factor in North America, offers a competitive government contract financing program for our veteran clients.
Bankers Factoring benefits for Vets include:
- We organize and manage your receivables, saving your time and money.
- We provide risk management by taking on the credit risk and screening each of your customers and vendors for creditworthiness, eliminating the likelihood of bad deals.
- Bankers Factoring collects payment, freeing you up from dealing with the receivables side of the business and allowing you to focus on doing what you do best.
- Service Disable Veteran Staffing Factoring Programs
- Special Veteran Entrepreneur funding programs for Federal Government Contractors
- Experience dealing with the Department of Veterans Affairs & Veteran Entrepreneur Portal
- We understand the FAR and value Government Contractors and their Govt Accounts Receivables.
We also offer PO Funding for Veteran-Owned Contracting companies.
Why choose Bankers Factoring for Veteran-Owned Business Contract Financing? It is Trust & Confirm at Bankers Factoring, not Trust, But Verify.