Results 1 to 13 of 13
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10-05-2017, 01:31 PM #1
- Join Date
- May 2017
- Posts
- 350
Government contractor invoice financing
Government contractor, health/info management and consulting, seeking invoice financing.
Who can make this happen?
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10-05-2017, 01:35 PM #2
- Join Date
- Jul 2015
- Posts
- 1,202
Try Ted Fundy on here.
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10-05-2017, 01:39 PM #3Jeannette Nearing | Business Development Officer| AmeriFactors
| M (770) 362-2307
jnearing@amerifactors.com |
http://www.amerifactors.com
https://www.linkedin.com/in/jeannettenearing
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10-05-2017, 01:56 PM #4
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,490
Hi JohnDough17,
We are Seacoast Business Funding, a division of Seacoast National Bank. We offer factoring and asset based lines of credit and have experience working with government contractors. We are unique in the market as we are a division of a bank. Happy to take a look. Kevin.Henry@SeacoastBF.com 561-623-1872 is my direct.Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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10-05-2017, 02:06 PM #5
- Join Date
- May 2017
- Posts
- 350
Revenue is below 1M a year kevin.
Can you still do it?
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10-05-2017, 02:13 PM #6
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,490
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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10-05-2017, 02:29 PM #7
Our minimum line size is 50K, we do work with Government contractors, however they have to pay within net 90. Our commissions are calculated before the cost of funds.
Jeannette Nearing | Business Development Officer| AmeriFactors
| M (770) 362-2307
jnearing@amerifactors.com |
http://www.amerifactors.com
https://www.linkedin.com/in/jeannettenearing
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10-19-2017, 01:12 PM #8
- Join Date
- Oct 2017
- Posts
- 2
I can do government contracts/consulting invoice financing.
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10-19-2017, 03:17 PM #9
- Join Date
- May 2016
- Posts
- 42
Are these prime contracts (paid directly by the government) or are they a sub (paid by the prime)? Also is there any other debt on the business? What is the average monthly invoice with the government? I can help you get this deal to one of partners who specializes in government contracting and will have some of the best rates in the industry (they are direct only but will accept deals through us). Additional, if they have any debt outstanding, it will have to be bought out to allow the AR Financing to be in place. We have a unique product where we can buyout the existing debt, refinance it over a longer term and, due to our partnership with this factoring company, still allow the AR financing to remain in place. Feel free to give me a call to discuss further.
Steven Safirstein
Vice President of Sales & Head of ISO Relations
Breakout Capital Finance, LLC
6862 Elm Street, Suite 300, McLean, VA 22101
O: 703 852 6013 I steven@breakoutfinance.com
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10-19-2017, 04:35 PM #10
- Join Date
- Apr 2014
- Location
- Washington DC
- Posts
- 421
To be clear, this would likely be structured via our hybrid product where we invest our own capital -- not co-brokering. We have a proprietary structure in place with several factoring partners that allows factors/brokers to offer more than 100% advance rate against receivables and still optimize financing structure and cost
Last edited by Cfairbank; 10-19-2017 at 04:37 PM.
Carl Fairbank
Founder & CEO boldMODE
www.boldmode.com
Carl@boldmode.com
Founder & former CEO of Breakout Capital (sold to SecurCapital in 2019)
www.breakoutfinance.com
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10-19-2017, 05:56 PM #11
- Join Date
- Mar 2017
- Posts
- 23
Simply Funding has a pretty solid Invoice financing program for individual invoices. Its Costly but can be effective
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10-19-2017, 05:58 PM #12
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
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10-20-2017, 09:51 AM #13
- Join Date
- Sep 2016
- Posts
- 1
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