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09-26-2017, 10:11 AM #1
Reputation points: 39760
- Join Date
- Oct 2014
- Location
- Naples, FL
- Posts
- 476
ADVANCE ON FEMA CONTRACT?? Who funds this type of deal?
Good Morning DF, I am looking to refer some business today.
I have 4 contractors in the HOUSTON and SOUTH FLORIDA areas who have secured contracts from individual counties (and backed by FEMA) for a total of $13 million, for clean up and restoration. These contracts are on a 90 day payment term, and are listed on the contracts that they have provided the contractors.
Each contractor is seeking approx $100k each month for 3-4 months (total of $300-$400k) for the purchase of materials and labor costs.
Is there anyone who funds/lends against these types federally backed contracts?
Call me.
Steven
786-712-4900
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