Landing a government contract can be an exciting and lucrative development for a small to medium-size business. However, completing the contract does come with a few drawbacks. Most notably, these drawbacks include the all too common problem of slow payment. You know the money is coming eventually. But, that doesn’t help when you need strong […]
Government contract financing
What is Government Contract Financing?
4 years ago
Government contract financing should be the very first item on your to-do list if you are considering bidding for a government contract. The Benefits of a Government Contract According to a Small Business Administration report released late last year, “the federal government not only exceeded its small business contracting goal, it awarded a historic $132.9 […]
What is the goal of the good bank-bad bank structure
5 years ago
After the 2008 financial crisis, the federal government introduced several different measures to help beleaguered financial institutions. One of these was the good bank-bad bank structure. This structure is still used today. And, is as relevant and useful as ever during the post-COVID-19 economic downturn. What is the good bank-bank structure? After banks started to […]