Small business federal contractors often run into cash flow deficiencies immediately after winning new contracts. This time between the signing of the contract and the beginning of actual performance is critical for contractors to hire staff and purchase the necessary equipment for their new projects. It can take at least 45-90 days from winning the contract to receive a first invoice. As a result, you may need contract mobilization to bridge any potential cash flow gaps and get your business up and running quickly.
Live Oak’s contract mobilization financing allows contractors to bid confidently on new opportunities knowing they will have the capital they need to cover expenses like payroll, insurance, equipment, vendors and more.
We understand the challenges you face as a government contractor and will provide you financing—as well as guidance—when you need it to ensure your project gets completed on time.
