Government Factoring

Many businesses fully understand that the government spends billions of dollars each year to run the country, but do not fully understand that any business can bid on government contracts. With the Federal Government, State, County and City, obtaining a government contract can be very lucrative with contracts running into the millions. Unsurprisingly, they are rarely quick at paying on invoices, but there is the positive side because of factoring government contract.

The biggest factor in using someone else's money to finance your contract with the federal government has to do with the Assignment of Claims Act that Congress passed in 1986 (31 U.S.C.3727). This act states that a "Contractor, or its assignee may assign its rights to receive payment due as a result of performance" to a financing institution. This is what we call the assignment of invoices, known as factoring or accounts receivable financing.

The Assignment of Claims Act enables government contractors, small business owners, minorities, women and veteran owned businesses to bid on project after project with full confidence that they could handle the cash flow, because of Assignment of Claims Act. Government contract factoring gives you the flexibility you have been looking for.

Your business can truly prosper and you can secure large government contracts without the worry of financing. Knowing you have the financial support from a trusted invoice factoring company (www.USAFactoring.com). Our team of experienced professionals are familiar with the Assignment of Claims and the Federal Acquisition Regulation (FAR), the Federal laws regulating procedures for assigning financial rights to factor your government contract.

Government Factoring
is your answer to your cash flow.