What is government invoice factoring?
Government Invoice Factoring is a quick and simple way for Government Contractors, both Prime and Sub, to receive immediate funding. Contractors perform work for the Government, and then submit their invoices. While many government contracts include delayed payment terms of 30 to 90 days, Finlo will pay up to 90% of the invoice amount immediately. This provides contractors with instant cashflow to be able to meet payroll or buy additional inventory. After collecting the invoice payment directly from the Government (or Prime), Finlo pays out the remaining invoice balance to the Contractor, minus a small fee.
HOW FINLO FACTORING WORKS
Rates as low as
Financing in Less Than
Factor up to
Immediate cash
Quick cashflow for your company in less than 24 hours. Business loans require lengthy applications and can take months to get approved.
Simple & Transparent
Easy to setup and manage. Let Finlo handle the hassle of collecting payment while providing insight every step of the way.
Allows Rapid Company Growth
Continue to hire employees or order inventory without worrying about cashflow issues. Finlo helps your cashflow grow as your company grows.
No Collateral required
No need to submit home equity, real estate, equipment, or other costly forms of collateral. The invoice itself acts as collateral.
no credit checks
No cumbersome credit checks and invoice factoring doesn't negatively impact your credit score.
Flexible
Factor your invoices as a short or long term financing solution. Finlo doesn't lock your company into lengthy contracts.
"Finlo is amazing! They revolutionized the way our small business is financed, which allowed us the ability to continue to grow quickly. Highly recommend working with this innovative company!"
