CAPITAL CORP. SYDNEY

73 Ocean Street, New South Wales 2000, SYDNEY

Contact Person: Callum S Ansell
E: callum.aus@capital.com
P: (02) 8252 5319

WILD KEY CAPITAL

22 Guild Street, NW8 2UP,
LONDON

Contact Person: Matilda O Dunn
E: matilda.uk@capital.com
P: 070 8652 7276

LECHMERE CAPITAL

Genslerstraße 9, Berlin Schöneberg 10829, BERLIN

Contact Person: Thorsten S Kohl
E: thorsten.bl@capital.com
P: 030 62 91 92

Contract Financing for Businesses

Industry information, News

CONTRACT FINANCING FOR BUSINESSES

Winning a major bid is a fast way to rapidly grow your business. But this good news may also exhaust your cash supply, making it difficult to fulfill the contract, cover current obligations and take on new business. Contract financing provides you cash flow so you can take advantage of growth opportunities. It is an ideal solution for companies with construction, government or commercial contracts.

Here’s how it works: You enter into a contract with a credit worthy customer. The contract finance company advances you a percentage of the money that will be owed to you when you complete the contract. You use this money to cover cash flow needs to help you fulfill the contract. You pay back the loan, either in a lump sum at the end of the contract, or over time through an agreed upon payment plan. Alternatively, your customer may pay the contract finance company directly and it will forward you the payment, less a fee.

Funds advanced by production financing can be used to:

  • Purchase equipment
  • Hire additional labor
  • Mobilization
  • Pay suppliers
  • Take on additional projects

Contract financing is easier to qualify for than a traditional loan and it can work alongside other types of lending, such as equipment loans.

Call the experts at Small Business Fundz and see if contract financing is the right solution for your business. Call us at (866)546-6002… today.

Other Types of Trade Finance

 

Contact us for all of your funding needs.

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