Government Contracts Financing

3. September 2010  by James Penny

Ready, Set, Go for those Government Contracts!

government  contracts financingIn the past year, construction companies across the country have seen many of their options dry up and are seeking new opportunities outside of their normal scope. There is a huge area of opportunity for small businesses in the government arena.  Many of these contracts give preference to the small local business owner / vendor.  Yes, there is a great deal of paperwork required, but the potential rewards can be very substantial.  As an alternative financing provider, Compound Profit may able to provide you with the backing you need to confidently go after these contracts.

First, we can help businesses seeking to provide finished products / equipment to the government (basically buy and resell items).   Our system of purchase order financing and factoring can support you in acquiring / delivering the products and then advancing you cash when you invoice the government.  We are also able to help with some of your government construction projects as well.

Additionally, we may be able to help you acquire the additional equipment you will need to fulfill your government contracts financing needs through our equipment lease financing – a service we may be able to provide through your regular vendors.  Rather than having a huge capital outlay for equipment, we provide funding that allows you to do monthly lease payments.  Your equipment vendor receives their payment quickly, many times half on ordering, with the remainder of cash on delivery of your equipment.  It’s a win-win situation for everyone involved.

Finally, sometimes the government wants assurance that you will have the funding available to fulfill the contract.  We can work with you on pre-approval for your contracts and provide you with documentation to indicate that you have adequate financing in place. 

Even better news – this process works with non-government contract bidding as well.  Christy Giroux, new Compound Profit of Arizona franchise owner and Regional Director, states, “As a small business owner and veteran, I’m reaching out to other small businesses to see how we can help them sustain and grow their businesses.  We want to increase their opportunities and profits.”

Christy A. Giroux - cgiroux@cprofit.com

AZ Principal / Regional Director

Compound Profit of Arizona

Cell:  520-909-7146

Office:  877-386-3716 ext. 249

Fax:  888-200-3379

equipment leasing, factoring, government contract financing, purchase order financing , , ,