Paramount Capital Enterprises, we assist individuals and businesses through their cash flow challenges without increasing debt.
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Paramount Capital Group specializes in assisting Government Vendors in "Assignment of Claims Act of 1986"....What does this mean for you?

  • Access Unlimited Capital Through the Creditworthiness of the U.S. Government
  • Any government contractor, under the the Assignment of Claims Act of 1986, may assign it's rights to be paid amounts due or to become due as a result of the performance of a contract to a bank, trust company or other financing institution. Larger vendors have been doing this for years.
  • What does this mean to you? Simply, the U.S Government encourages their vendors to seek accounts receivable factoring of their invoices in order to help them grow, improve cashflow, increase performance, and level the playing field.

The most common problem that businesses find in trying to find funding for government receivables:

Most factoring companies do not want to fund receivables that contain high concentration in a few customers which is very common in the government contract industry.  Or, they do not have the knowledge in dealing with government receivables. We have specialized experts that are familiar with the "Assignment of Claims" which is a federal law which allows and specifies the procedures for assigning financial rights to invoices of government contractors. The Federal Acquisition Regulation (FAR) also governs how we carry out our responsibility for effecting the assignment.

We have specialized experts that are familiar with the "Assignment of Claims" which is a federal law which allows and specifies the procedures for assigning financial rights to invoices of government contractors. The Federal Acquisition Regulation (FAR) also governs how we carry out our responsibility for effecting the assignment.

Factoring Application 

Please fill out the pre-qualification application and we will contact you right away.

 


We have specialized experts that are familiar with the "Assignment of Claims" which is a federal law which allows and specifies the procedures for assigning financial rights to invoices of government contractors. The Federal Acquisition Regulation (FAR) also governs how we carry out our responsibility for effecting the assignment.

Who can qualify for a factoring service?

Any Business can qualify for a factoring receivables credit line if:

  • You sell credit worthy businesses or local, state or federal agency so long as a notice of assignment is accepted.
  • You have not pledged accounts receivable as collateral.
  • You have completed the work or delivered the product and your customer has accepted the invoice.

What kind of businesses come to us for funding?

  • Young companies experiencing growth and need cash today. In most cases they have been turned down by traditional bank loans due to a lack of a financial track record.
  • Mature companies that have capped their working credit line established by a bank and need more leverage. This situation may require to pay the financial institution off so the client can establish an unlimited factoring credit line that will be based on the customer's credit worthiness.
  • Companies that are experiencing lack of service from another factoring company.

If a government agency is paying you slowly, and it's putting a financial burden on your business, we have a solution that will give your company consistent cash flow.  As a supplier of goods or services to a government entity, you would now qualify for a special funding program specifically tailored to vendors just like you.

Our flexible program offers no long-term commitments, maximum flexibility, low per diem fees, and qualifies you simply by having a government entity as the payer.

Paramount Capital Enterprises will match you with the appropriate funding sources that would best fit your needs and challenges. 

FREE, No Obligation Consultation!

Contact us by phone at 800-980-1688





 

 
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