Other Small Business Funding Solutions
Small businesses often face obstacles that are not always addressed by conventional financing products that many factoring companies offer. In addition to factoring and asset based lending, Federal National offers small business funding solutions that enable our clients to leap these hurdles and focus on growing their business.
Earned/Unbilled Financing
Earned / Unbilled Financing helps qualifying clients cover challenging weekly or bi-weekly payroll funding or supplier payments even though their contract only allows monthly billing. Federal National can advance funds based upon the work already performed but not yet billed.
Vendor Payment Assistance
Federal National offers comprehensive escrow and payment direction services. Acting as an independent agent, we craft customized agreements to control the flow of payments under contracts or orders. Clients find these agreements valuable when negotiating favorable terms with suppliers, subcontractors, or other creditors or when teaming with a larger partner for a significant award of business.
Financing Letters of Intent
These letters indicate Federal National’s preparedness to provide financing and are available to our new and existing clients to help them demonstrate financial capability to a potential customer, subcontractor, or investor.
Accounts Receivable Management
Federal National provides a followup service with every small business funding line to confirm that our clients' invoices are received and processed by their customers without delay. Our clients get their money faster and spend less in financing charges. This is not a collection service. Our clients’ customers are never strong-armed and often appreciate the professional diligence Federal National lends to the billing and paying process.