Factoring Government Invoices

FACTORING GOVERNMENT INVOICES

Fees as low as 1-2%
Advances up to 98%
Same-day funding
Spot factoring & progress factoring

Unlock working capital tied up in government contract receivables on the same or next business day by factoring government invoices.

Get a quote for government contract factoring services with same day funding, low factoring fees, competitive advances, and a program tailored to your business.

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Generate an invoice

Generate an invoice based on work for government contracts (final, recurring retainer, progress, etc.).

Factor the invoice

Factor the invoice and get fast funding of the invoice amount (less factoring fee and reserve)

3. Speed Up Cash Flow

Get free same / next business day advances on factored invoices to expedite cash flow and grow your business faster.

Factoring government receivables speeds up cash flow, giving you access to working capital weeks or even months earlier than waiting on contract payments

Government Contract Financing Overview

How It Works

Government contract financing is the process of factoring government receivables and retainers in order to expedite cash flow. The best government contact financing companies provide a great mix of low fees, high advances, fast funding, and stellar customer care, giving you the money you need to grow your operation faster.

Instead of waiting weeks – or months – to receive payment on government contracts for work fulfilled by your company, you can get immediate access to working capital by factoring government invoices.

Here’s how the government contract factoring process might work:

Generate an invoice based on work related to government contracts (this could be a final invoice, an invoice or contract for a recurring monthly retainer, a progress invoice based on a period of time or portion or work completed, and so on)
Factor the invoice and get an advance of up to 98% of the invoice amount on the same day
30, 45, 60, or even 90 days later, receive any amount held in reserve once the government agency has paid the invoice in full

Assuming a factoring fee of 2%, and an advance rate of 98%, here’s how it would work:

Day 1 –	Generate a $76,500 invoice and factor it
	Get a 98% advance of $74,970 by wire transfer or ACH the same day (or next business day)
	Factoring company earns a 2% fee (realized when the invoice has been paid)

Invoice Factoring Calculator

Benefits of Factoring for Government Contractors

Top benefits of government contract financing

Expedited cash flow is the primary benefit of factoring government invoices. In turn, expedited cash flow allows for faster reinvestment in growth and operations, and could be key for government suppliers and contractors that need working capital in order to:

Purchase materials or supplies for the next contract or customer
Bid competitively on future government contracts
Fund payroll and operating expenses
Avoid delays in meeting government contract deadlines
Take on new business more quickly or fulfill larger orders

Using invoice factoring to speed up cash flow can even help an organization reduce expenses to become more profitable since the working capital can be used to negotiate supplier discounts.

Fill out our quick quote form for a free, no-obligation factoring rate quote to get more information about our government contract financing program. You could go from approval to funding in a matter of hours, getting access to the working capital you need to grow your organization more quickly.

Get a Free Quote

Top Government Contract Factoring Companies

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Government contract financing lets you turn government receivables into cash with same-day funding and factoring fees as low as 1-2%.

Our team has years of direct experience working in a top U.S. factoring company, so we know what to look for and can help you find the best financing program for your business. When factoring government invoices with a top invoice factoring company you can expect:

Government contract factoring fees as low as 1%
High advances – up to 98% – with same day funding
No application or due diligence fees
No hidden fees or surprises
No long term contracts
No add-on fees that jack up the real cost of invoice factoring finance solutions
No monthly minimums or requirements to factor all of your government contracts – factor when it’s best for your business
Retain control of invoicing or save time and money by assigning the work to the factoring company
Stellar customer care provided by a dedicated account manager

The factoring companies we work with offer all of that, and more. We’ve done the work to vet top options for you based on all the criteria you need to keep in mind as far as how to choose a factoring company. While you’re more than welcome to do your own research, it won’t cost you anything to give us a shot at connecting you with the best government contract financing companies, and you’ll save a lot of time in the process.