Government Contract Financing
Government Contract Financing at Apple Capital is easy. Apple Capital Group has a team of dedicated sales and operations personnel that specialize in providing working capital solutions to Prime and Sub-contractors for State, Federal and Municipal government contract projects. We custom tailor our solutions to provide our clients with growth capital needed to fund task orders as well as any other capital needs for contract completion.
Government Contracting Opportunity
The United States Federal Government is the largest Debtor in the country but operates differently than your typical public or large private company. Rapid growth can occur once a contract is awarded or once task orders are issued causing excitement. This excitement is typically followed by a reality check and the question; How can I meet my payroll, vendor and other obligations of my company while this project is being completed? The answer is Apple Capital’s Government Contract Funding Vehicle.
The Federal Assignment of Claims
The Federal Assignment of Claims outlines how a Government Contractor may assign monies that are due under a Federal Contract. Obtaining an approved Assignment of Claims is a detailed process that the Apple Capital operations department has successfully completed dozens of times. In addition to an Assignment of Claims, a Contract Modification may need to be obtained as well. Once the above is in place the verification and funding process is quick, typically 24 hours. It is important to work with a financial institution that understands the intricacies of the Federal Assignment of Claims, Contract Modifications and communicating with Contracting Officers.
Contract Vehicles and Small Business Programs
There are various Federal Contract Vehicles that Apple Capital’s clients have used to secure work with the Federal Government and Department of Defense to include; IDIQs, BOAs, Task Orders, GSA Schedule, ENCORE II, SeaPort-e and DHS Eagle just to name a few Apple Capital has experience with multiple contracts allowing us to quickly and efficiently structure our clients a financial solution.
There are a variety of programs and qualifications tailored to small businesses that wish to work with the Federal Government. The below qualifications receive special treatment on certain Federal Contracts:
- WSOB -Women-Owned Small Business
- HUBZONE – Historically Underutilized Business Zone
- 8(a) Certified Small Disadvantaged Business
- VOSB – Veteran Owned Small Business
- SD-VOSB – Service-Disabled Veteran-Owned Small Business
Apple Capital has plenty of experience working with clients that have the listed qualifications and in addition to several others. Contact Apple Capital today to discuss our Government Contract Financing Solutions and how they can benefit your business today to finance tomorrow’s growth. #governementcontractfinancing