Apply | 1 (800) 964-3576

First Asset Based Lending Group offer several funding solutions (invoice factoring, purchase order financing and asset based lending) for financing government contracts and government contractors and vendors throughout the United States and Canada.

You just received word from the government that your company won the bid. Obviously the first reaction is excitement, your heart races, you pump your fist, then reality smacks you hard in the face. Again, you become excited, but there is no pumping of the fist. It just hit you that now you need to figure out how you are going to fulfill the contract, be it providing a service, parts, supplies, or whatever. Will my suppliers work with me and give me the terms I need until I can get paid? How will I meet payroll? These and other questions, usually all related to cash flow issues surrounding the completion of the contract, run through your head.

We are here to alleviate those concerns. The FABLG team has been helping businesses like yours fulfill government contracts over the years. We can help you finance the project in a variety of ways. Our team can say yes with a solution that can help you fulfill that new contract, even if your bank or other lenders have turned you away.

What can we do that other lenders can’t? In many cases, depending on the contract, we can advance funds or guarantee payments to suppliers, so they are more willing to work with you. We can fund your invoice to the government when work is complete, providing you with the cash you need to meet the obligations incurred in satisfying the contract. We have the ability to wait for the government to pay.

We have the knowledge and expertise to help guide you through the successful completion of your contract and to receive payment from them in a timely manner. You can stop worrying about everything with FABLG on your team. Go ahead and enjoy the moment, let your heart race, and yes, pump that fist, because you have the FABLG team on your side, and be there for this contract and the many more to come. To get started - Click Here.

APPLY
 

BASIC REQUIREMENTS

Asset Based Lending

Receivables Lines of Credit
Minimum: $100,000
Maximum: $25 million
Years in Business: 2 Minimum
DSCR / FCCR: 1.20x
Rates/Terms: Competitive
United States and Canada
Standard terms and conditions apply

Factoring / PO Funding

Minimum: $5,000
Maximum: $15 million
Startups OK
Advances: Up to 92% - 95%
Rates/Terms: Competitive
United States and Canada
Standard terms and conditions apply