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How Does GovCon Financing Work?
You can double your business overnight when you win a new government contract. Great! Now, your working capital needs to grow alongside your revenue, too. Encore Funding provides receivables funding for government contractors.
You gain advances against your accounts receivable, so you have the cash flow necessary to fulfill current contracts and bid for new contracts.
Simply present billed or unbilled invoices to Encore Funding. We advance up to 90% of the invoice, so you have cash on hand exactly when you need it. We can also provide cash even when the contract budget has been stalled so you can pay the necessary staff members.
The bottom line: the Encore Funding team helps government contractors work smarter, not harder. Our dependable, responsive experts and private lending help you stabilize your cash flow and seize big opportunities.
Big Benefits of Our Government Contractor Financing
Bid confidently with support from Encore Funding, where you can expect:
- Fast Cash: Working capital exactly when you need it.
- Financial Support Letter: Include in your RFP response and show capital wherewithal to stand up to large contracts.
- Responsive Team: Access dedicated, fast support.
- No Restrictions: Use funding in impactful ways based on your unique goals & objectives.
- Flexibility: Funding can grow or decrease based on your sales.
Alternative Funding & Beyond
We don’t just deliver alternative funding and walk away. We help you maximize it so you can scale from one business stage to the next.
Government Contractor
Financing
Maintain steady cash flow while your government contracting business grows. Move beyond the bureaucracy and limitations of traditional banks and corporate lenders. We purchase outstanding invoices at competitive rates with dedicated support for credit monitoring and collections.
Back Office Technology & Support
Eliminate the administrative burdens that impede productivity. Our comprehensive back-office technology streamlines invoicing, project management, compliance reporting, freeing you to focus on what matters most: expanding your government contracting operations.
SME Strategic Consulting
Achieve your objectives with our proactive support, industry expertise, and vendor connections. Our seasoned advisors guide you on cost reduction, cash flow protection, and finding fulfillment in your business journey.
Advantages to Receivables Funding vs. Tradtional Bank Lending
Reliable Receivables Funding for Government Contractors
Gain an expert team and fast, simple government contractor funding. Fill out our quick form and our team will reply within one business day.
Government Contractor Financing Insights & Advice
Encore Funding Expands Commitment to Government Contractors
Fast, alternative funding & expertise support government contractors’ growth goals. CLEVELAND, OHIO – October 21, 2024 – Encore Funding, a leading provider of alternative funding solutions, announces its expanded commitment to serving government contractors who seek fast, flexible funding to win bids and act more nimbly. The company is proud to support all government…
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Know the Differences Between Traditional and Alternative Government Contractor Financing
When securing funding for government contracts, you must often decide between traditional bank loans and alternative government contractor financing. The key differences can significantly impact your ability to maintain cash flow and meet the project demands. Let’s dig into the main pros and cons of traditional bank loans versus alternative government contractor financing. Cost…
Read MoreDo you have funding questions or other business needs? We’ll connect you to one of our industry experts right away.