Reliable Working Capital for Government Contractors
Knowledgeable. Experienced. Dependable.
Put Seacoast to Work For You.
Signing a government contract is an admirable achievement for your business, as it comes with benefits such as recurring revenue and steady work. However, it often comes with long payment cycles that can slow down your cash flow.
Thankfully, Seacoast Business Funding provides government receivables financing to help you stay on track, meet payroll, and pursue new opportunities without waiting for payments to arrive, supporting a wide range of service-based and non-construction government contracts.
Our accounts receivable financing for government contracts gives you access to the capital tied up in unpaid invoices, so you can keep your business running smoothly. Whether you’re a prime or subcontractor, Seacoast is the partner you can rely on for consistent working capital and responsive support throughout the life of your contracts.
Funding Parameters and Client Profile
Seacoast specializes in financing for established contractors that serve federal, state, or local agencies.
Our typical clients include:
- Companies with $3 million to $400 million in annual revenue
- Credit facilities ranging from $500,000 to $35 million
- Proven experience fulfilling government contracts
- Active registration and compliance (SAM, CAGE/UEI)
How Our Government Receivables Financing Works
Government receivables financing provides immediate access to cash from your approved invoices, helping you bridge the gap between billing and payment.
Approval & Assignment of Claims
Once your financing is approved, Seacoast files a Notice of Assignment (per FAR 32.8 / 52.232-23), allowing government payments to be directed to us under an official Assignment of Claims.
Advance Funding
When you submit an invoice through your agency’s payment portal, such as IPP or WAWF/PIEE, Seacoast advances a portion of the invoice, typically within 24–48 hours. This gives you the working capital to pay employees, purchase materials, and fund new bids.
Payment & Reserve Release
When the government pays the invoice, Seacoast releases the remaining reserve balance (minus fees). The process repeats as you continue to bill and grow your contract base.
A Business That Cares About Your Business
To us, financing isn’t a one-time transaction. Seacoast Business Funding builds solid, long-term partnerships based on trust, consistency, and a commitment to showing up for you. We provide ongoing access to capital through revolving credit facilities that grow in line with your success.
As your business takes on additional contracts or larger awards, your line can expand to meet new capital needs without the delays and restrictions common with traditional lenders. You’ll work directly with decision-makers who understand government contracting and can move quickly to support your business.
Benefits for Government Contractors
Eliminate payment delays that disrupt operations.
Use available capital to bid on new contracts or scale existing ones.
Payroll Stability: Keep your team paid and your project staffed without interruption.
Work with a team experienced in federal and state funding structures.
Facilities from $500K–$35MM designed to evolve with your business.
Financing Options
Seacoast offers solutions made for you:
A straightforward way to accelerate cash flow is by selling your government invoices for immediate payment.
A revolving line of credit secured by receivables, inventory, and equipment—ideal for broader working-capital requirements.
Typical Terms
- Facility Size: $500K – $35MM
- Advance Rates: Typically 80–90% on approved invoices
- Funding Timeline: Often within 1–2 weeks from initial application
- Industries Served: Staffing, manufacturing, distribution, IT, facilities, and professional services
- Relationship Model: Ongoing partnership with scalable, renewable facilities
Partner with Seacoast Business Funding
With decades of experience in government receivables financing, Seacoast understands how to navigate federal regulations and payment systems to benefit your business. Our goal is to provide the liquidity you need to win more contracts and grow your business.
Build a funding solution that fits your business by contacting our government funding specialists.
Governments on all levels contract out work to small and medium-sized businesses through a bidding process. Winning a bid provides steady work and recurring revenue for businesses. The only drawback is having to fund upfront costs and other expenses before receiving payment. In some cases, it can take up to 90 days to receive payments from the government on outstanding receivables. For businesses working on multiple projects, the time between work and payment can create significant problems when it comes to cash flow.
Government invoice factoring provides a cushion to protect your cash flow throughout each project. It allows your business to access working capital quickly so you can cover payroll and other business expenses without depleting your cash on hand.
Seacoast offers two types of government contract financing:
This is the most common form of government contract factoring since it uses outstanding accounts receivables to provide immediate funding to a business rather than waiting 30 days or more terms for payment. The process involves selling outstanding invoices for quick funding. Once the invoice is paid, the company receives the remainder, minus a service fee.
Where you use your company assets (accounts receivables, inventory, and machinery & equipment) as collateral to secure a revolving line of credit.
If you aren’t sure which solution would work best for your business, our client advisors are here to speak with you anytime to provide additional information. Sometimes, the right approach may include a combination of solutions.
Government receivables financing provides consistent working capital for your business. You have regular expenses that you must meet, for current projects and plans for the future. Long waits for payments make it harder for you to bid on new contracts or grow your business. Financing can help you seamlessly manage payroll, overhead costs, and materials, ensuring you can meet current contracts and take on new opportunities without disruption.
Government accounts receivable financing makes it easy for you to overcome the working capital challenges around government contract fulfillment. If you hesitate to bid on government contracts because you worry that you will not be able to keep your business running in the interim, you should know that we have options to simplify the process for you.
Our solutions strengthen your position to fulfill your contract, accept new government contracts, cover payroll, operational costs, and take on additional projects. After you complete the application process, you can rely on predictable government contract funding that meets and grows with your current needs.
With 30+ years of experience helping businesses maintain cash flow and finance new projects, Seacoast Business Funding is a reliable partner for any factoring for government receivables. Our dedication to each client is demonstrated through our detailed analysis of your financial situation and the creation of a customized financing solution to your cash flow problems enabling you to successfully navigate your project. Our success stories show how our expert solutions can make the difference.
The application process is simple and easy. You can count on Seacoast Business Funding to respond to your questions quickly with complete details you need to make an informed decision for your business. Ready to get started? Complete our online application. Questions? Reach out to one of our experienced team members or by calling 800.619.0804.
