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Are you selling goods or services to the government?
Canít afford to wait up to 60 days to get your government invoices paid? Doing business with the federal or state government can be one of the most rewarding endeavors for your firm. It provides them with the chance to access lucrative opportunities that can enable you to significantly grow your business.
However, state and federal government agencies can take 30, 50 or even 60 days to pay your invoices. This can put a strain on the cash flow of your business. Sometimes, the strain is hard enough that the business owner must delay paying suppliers - or worse - employees.
The solution to this problem is to factor your invoices. Invoice factoring can accelerate a substantial portion of your government payments, providing you with the funds you need to pay suppliers and employees. Furthermore, invoice factoring provides you with predictable cash flow, helping you to better manage your business.
Factoring financing is easy to obtain and can be setup in days. The main requirement is that you do business with reliable payors, such as the government or large corporations. Factoring is ideal for new and fast growing companies.
How Does Government Factoring Work?
Factoring process is simple to setup and works with any business. Here is how it works:
Factoring rates vary based on a number of criteria. Click here to contact us for a FREE quote.