1stCapitalSources
   Welcome
   - Contact Us
   - Glossary
   - Principals
   Automobile Notes
   Commercial Lending
   - Credit Card Funding
   - Business Notes
   Leasing
   - Equipment Leasing
   - Government Leases
   Lottery Payments
   Purchase Order Funding
   Receivable Funding
   - Government Receivable
   - Truck/Transportation
   - Medical Receivables
   Realtors - Attention!
   - Real Estate Notes
   - For Sale by Owner
   Lawsuit Advances
   - Attorneys
   - Structured Settlements
   Investor Funding
   - Transactional Funding
   Short Sale
   - Realtor Short Sales
   - Realtor FAQs
   Loan Mod Analysis
   ***links page***

Funding your Government Contract Receivables

Through our Government Vendor Funding Program, in accordance with the "Assignment of Claims Act of 1986", you can significantly benefit from the financial strength of the U.S. Government. Under this special program, you can qualify for access to an unlimited source of working capital.

What Are Government Receivables?

Business to Government invoices.

How Are Government Receivables Created?

When your business provides a service for the government an invoice is created. This invoice is how your company is paid for your service and usually takes from 30 - 90 days to get paid.

What types of Government Receivables can be funded?

Local, State, and Federal 

Are Government Receivables easier to fund?

With the Assignment of Claims Act, passed in 1986, your company is pre-approved to have access to unlimited working capital through the creditworthiness of the U.S. Government.

What is the Assignment of Claims Act of 1986?

- The intention of the act was to encourage the private sector funding sources to provide funds to a wide array of vendors.  The reason being that the government would see a wider range of bids, and in the long run, acquire lower bids.

- The Act provides for the funding of individual invoices, based on the creditworthiness of the U.S. Government.


Who Benefits from the Sale of your Government Receivable?

Your business benefits...

- Access to unlimited working capital
- Receive 80% payment on your invoice in 24 - 48 hours
- Stay current with payroll, taxes, overhead expenses
- Increase business opportunities within the government sector
 

Why does the U.S. Government encourage their vendors to factor?

- Enables growth and survival.
- Eliminates inconsistent cash flow.
- Increases performance.
- Levels the playing field.


Contact the Professionals Today