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10-20-2022, 11:56 AM #1Sponsor
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Contract Financing?
Merchant trying to get financing against government contract? Not looking for simple invoice factoring. But instead upfront financing against government contract to fund COGS. Any suggestions as to who can do this type of deal?
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10-20-2022, 12:10 PM #2Senior Member
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- Irvine, CA
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How much? Size of current business and size of new contracts?
Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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10-20-2022, 12:27 PM #3Senior Member
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Live Oak Bank in North Carolina has a government contractor practice.
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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10-20-2022, 03:41 PM #4Sponsor
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Do you know if Live Oak will provide contract financing or just factor government invoices?
Originally Posted by Hedley Lamarr
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10-20-2022, 03:43 PM #5Senior Member
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They can do government contract finance. Originally Posted by BB_Cooper
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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