Small Biz Heroes
Contract Financing
Get the funds you need to fulfill a contract you’ve been awarded with contract financing Get an advance payment on your contracts and get paid as you complete your milestones. Contract financing is a way to share the risk and reward of your business. You can get an advance on work, without risking too much yourself because it’s collateralized by contracts with customers. It differs from bank loans in that you’re underwritten based on the terms of your contract rather than creditworthiness.
MAX AMOUNT
Up to $5 Million
ADVANCE TERM
30-90 Days
ADVANCE PERCENTAGE
80-90%
The Process
What does the process of contract financing look like?Step 1
You, the business owner, pledge future payment from a new government or commercial contract you have won to the lender.
Step 2
The lender will give you up to 90% of the contract’s value in exchange for your future earnings.
Step 3
Your lender will handle all the work of collecting payment from your client, which means you can focus on building up a portfolio. Once they receive it, they’ll give what’s left over to you minus supplier invoice and fees!
Should I Apply For Contract Financing?
Contract financing is a source for a business to obtain a cash advance on work to get done. You should apply for contract financing if:
- You have a company that has been awarded a contract and needs funding to complete the project.
- You want your company to take on larger and larger contracts over time.
- You don’t easily qualify for traditional financing or loans.
The Benefits of Insert Program
Growth Opportunities
Get the funding to grow as opportunities come your way.
Flexibility
How much you get depends on the size of your contracts.
Easy and Quick
Get access to funding quickly because your funding is based on the contract.
Let’s Get You Funded
We help your business grow and can even secure start up funding.
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What do you qualify for?
Getting the right business loan is a lot easier than you think. We help you identify exactly what you qualify for and what program is going to be the best fit to suite your specific needs. See what you qualify for today completely risk free!
**Secure E-Sign Application - Applying won't impact your credit score.
Must have a Business Bank Account for most programs
Both location and operation of Business must be in the United States of America or Canada
Must not have an open bankruptcy