WHAT IS CONTRACT FINANCING?
Contract financing is for companies that have been awarded a contract, however, do not have the funds to fulfill the contract. A lender will typically advance a portion of the contract so the company can successfully complete the project.
Companies that are looking for capital to take on multiple contracts are good candidates. Contract financing can take on various forms including loans against business contracts or funding for government contractors that have been awarded a bid.
Contract financing is a more cost effective option than equity for businesses of all types. Some of the industries that may benefit most from the use of contract financing include:
Banking
Communications
Computer system/ software development
Digital broadcasting
Education
Entertainment
Food processing
Medical
Municipal
Recycling and waste management
Retail
Technology
Water purification
HIGHLIGHTS
No application fee
Up to 100% loan to cost
$1 Million-$300 Million
Experienced developers are preferred (2 or more years experience)
All credits are accepted
Funding timeline: 30-45 days after approval
Terms: 1-7 years
contact us
Do you or your client have a business contract to fulfill? Call or email us for a free consultation.
Call us
9 a.m.-7 p.m.
1-800-403-1898