How does Government Factoring work?
Most companies providing work for government agencies face a constant cash flow crunch, as regular payroll never stops and new purchase orders for yet more product keep rolling in. It can be frustrating to look at your open invoices and wish you could just get paid in a timely basis for the work you have already performed. If you did, you would have more than adequate cash to meet your payroll and supply needs, and your business would flourish.
The good news is, you don’t have to face that cash flow crunch anymore! Let Allegiant Business Finance provide you with one of our flexible invoice factoring programs, and stop worrying about your cash flow needs right now!
Government contract financing, also known as government factoring, can help small to medium size companies keep up with the high demands of government contracts.
Do you provide goods or services to any branch of government? Most governmental agencies pay very slowly; but don’t let the wait period hamper your growth! We understand that obtaining new government contracts, filling orders, and paying your staff on time are paramount for keeping your business afloat.