We fund on direct federal contract receivables and from prime contractors.
At 1st Commercial Credit, we can provide immediate funding for your business. The invoices billed to the government for goods delivered or services rendered can be converted into a "Accounts Receivable Credit Line" from which you may draw cash to better manage your business.
We have experience in financing receivables to companies whose primary business is performing technical services or manufacturing for the federal government.
Technical service companies may include those that provide computer-related services, communications systems, computer systems maintenance, programming support, facilities management, logistics, engineering, and military related products, temporary staffing, distributors and other types of manufacturers.
We have specialized experts that are familiar with the "Assignment of Claims" which is a federal law which allows and specifies the procedures for assigning financial rights to invoices of government contractors. The Federal Acquisition Regulation (FAR) also governs how we carry out our responsibility for effecting the assignment.