There are have been 8 Federal government shut-downs since 1980!
However, with our Government Contractors Funding Program, it's 'business as usual'.
This type of factoring sells the invoice of completed government contract jobs. A company would be effectively selling incoming monies. The factor, or the company that buys the government contract invoice, will handle collecting the money. This might involve them sending the government written correspondence or calling them over the phone.
A company that has won and completed a government contract may be willing to sell the invoice from the job to get cash needed to continue fulfilling the contract. If a company needs money after a completed government contract and can’t wait 30-60 days to receive payment, they may be willing to sell the invoice to a factoring company to get money right away.
TFG gets you working capital fast; no more waiting 60-90 days (or longer) for payment from the Government