Government Services Group
Access the financing you need to fulfill your government contracts
Businesses that provide goods and services to federal, state, and municipal governments and their agencies have worked with our Government Services Group to obtain customized accounts receivable financing since 1987.
Put our strengths to work for you
Accounts receivable financing can help your company do more, including:
- Fund new and existing contracts
- Support vendor and subcontractor obligations
- Supplement existing bank debt
- Expand into new markets
- Hire staff
We work with government contractors in a variety of industries, including:
- Information technology
- Healthcare
- Military base maintenance
- Logistics
- Hardware
- Tactical gear
- Security
- Engineering
- Project management
Why Wells Fargo Capital Finance?
When you put our financing to work for you, you'll have a dedicated team working with you along the way. We offer you:
- Flexibility: Our accounts receivable financing programs are typically covenant-free and have highly competitive advance rates, which can provide the flexibility and additional cash flow you need to expand your business. We also provide unbilled availability that can give you additional support for interim payrolls.
- Versatility: We understand government contracting, which means we can provide financing that may not otherwise be available. Our programs can even be an ideal fit for start-ups, thinly capitalized businesses, or companies experiencing a turnaround.
- Another option for acquisition financing: As an alternative to equity or mezzanine financing, the custom financing we provide can help you avoid higher-cost alternatives that may reduce your returns and control.
- Competitive pricing: Our advance rates are typically up to 90% of invoice amounts, with fees charged only on purchased invoices.
- Convenient, secure reporting: Stay on top of your account debtors and maintain accurate accounting records with daily, weekly, and monthly reports available online, 24 hours a day, seven days a week, via Wells Fargo's Commercial Electronic Office® (CEO®) portal. You can also securely exchange documents with us through our File Upload Service.
