Accounts Receivable Line for Provider of Software Architecture EngineeringChallenge: A start-up software architecture engineering company was seeing large new awards in recognition of their performance and sales efforts. Because they did not have a history performing at the projected business volume, the banks were turning them down. Solution: Federal National’s accounts receivable line provided the firm with the working capital they needed to take on the growth. Other Success StoriesWorking Capital Line for IT Service Provider $750 Thousand Line for Consulting Firm to Federal Government $2 Million Line for Technology Consulting Company $200 Thousand Line for Provider of Systems Support Services $4 Million Line for Contractor to the Department of Defense $1.5 Million Line for Decision Support and Engineering Services Firm $100 Thousand Line for Start-Up Company |
