New Mobilization Fund Levels Playing Field For Minority Suppliers
New Mobilization Financing Fund levels the playing field; enabling Minority and Disadvantaged Businesses to win and fulfill larger more profitable Government Contracts.
Online, July 26, 2011 (Newswire.com) - Every year tens of thousands of minority and smaller 8(a) firms bypass opportunities to bid on lucrative School Board, Department of Defense or Highway projects due to a lack bank financing to fund their Government contracts.
With the launch of Florida based Supplier Funding 's new Mobilization Financing Fund many Minority Business Enterprises
(MBE) , Women Owned Businesses , and 8(a) firms now have the confidence to bid and accept more lucrative government contracts; since working capital to kick-off a job is readily available via mobilization financing.
Edward E. Felder, Jr. CEO of Supplier Funding.com states " We are excited about launching this special mobilization fund. We believe this fund is a game changer that will encourage highly qualified smaller contractors to think outside of the box and bid on projects that were historically dominated by larger government suppliers.
With the Department of Defense, Homeland Security and dozens of other government agencies rushing to purchase goods and services prior to their fiscal year end on September 30...many small and minority businesses traditionally unable to raise the required capital to fulfill contracts now have access to funding that will enable them to bid and deliver on a host of government projects.
Gerald A. Watson Vice President of Supplier Funding Government Lending says, "Mobilization Financing actually provides upfront cash for material, equipment and payroll for those small and emerging firms that were awarded lucrative Government Contracts."
Whether you're an emerging IT firm trying to deliver on a multi-state project or subcontractor seeking funding to purchase material for a $65,000 airport roofing job, Mobilization Financing may be your ticket to greater liquidity and amazing growth.
Edward E. Felder, Jr. is a 18 year banking executive and Principal at Supplier Funding a specialty commercial finance firm. A frequent lecturer on financing government contracts Edward recently Authored a new book entitled "Discover the 7 Insider Secrets that will have bankers chasing your loans."
You can visit www.SupplierFunding.com to learn more about Contracting financing or E-mail him at Edward@SupplierFunding.com