Don't let slow government payments hold you back. With government factoring, contractors can unlock a quick cash advance (up to 98%) on government invoices, helping maintain a steady cashflow without waiting 30-90+ days for payment.
Unlike traditional loans, factoring is not a form of borrowing. Contractors can access funds without accruing debt or paying high interest rates, making it a flexible and cost-effective financing solution.
With the assurance of fast payments, contractors can confidently bid on more government projects, offer extended credit terms, and take on new opportunities without cashflow concerns.
Factoring government receivables provides a lifeline for contractors grappling with delayed government payments. Selling unpaid invoices to a factoring company for government contracts can help businesses transform pending payments into usable capital. Here are the five simple steps you can take to get your government invoices factored:
Government contractors in a variety of industries can benefit from invoice factoring. REV Capital works with businesses across North America to ensure they have the working capital needed to thrive while waiting on government payments.
Some of the key industries we serve include: