Fund off a state contract?
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  1. #1

    Fund off a state contract?

    Does anybody fund off a state contract? We have a client that does about 10k a month, but has a 500k 1 year contract with the state but needs equipment to help with it? Is possible to get the merchant funding based on the contract, in addition to their revenue?

  2. #2
    Senior Member Reputation points: 14001
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    Try Bluevine.

  3. #3
    See if it can be factored

  4. #4
    Senior Member Reputation points: 16709
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    Location
    Jackson Hole Wy
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    No factoring companies do not factor a contract.
    And bluevine does not advance against contracts
    Check his credit and if good get one of those unsecured personal loans. Also depending on equipment type merchant can lease the equipment

  5. #5
    I have a govt contract mobilization program send me an email bander@therosefunder.com
    The Rose Funder l 917.228.4970
    bander@therosefunder.com
    Highlands NJ 07732
    http://www.therosefunder.com

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