
Questions We DO Want to Answer about Government Factoring!
- Do you buy our accounts receivable? Yes. We purchase your accounts receivable on an invoice by invoice basis and secure them through the Government's Assignment of Claims.
- What is the Assignment of Claims? It 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.
- How do you make your money? We charge a fee based upon how much we advance and how long the money is out.
- What is the cost to me? Our rates and fees are available on request. We will be glad to send you that information and a list of references.
- What types of receivables will you buy? After approval, we will purchase any Local, State or Federal receivable as long as a notice of assignment is accepted. The receivable can be for any type of product or service.
- How is my invoicing to my government customers affected?
You will continue to invoice your government agency client as usual.
- What is the size of invoice that you will accept?
There is no upper contract limit. FAR requirements state a minimum $1000 contract size.
- Where do you operate? We provide our services to any government contractor no matter where they are located.
- How do I get started?
Please telephone us at (561) 882-1331, us or use the contact form and we will get you started turning your government contracts into working capital.