Services
At Govbanc, we offer fast and reliable funding solutions designed for businesses in the gas & oil, trucking and freight, and government contracting industries. Our services help companies secure the capital they need to keep operations running smoothly and pursue growth opportunities with confidence.
How it works
Deliver
Provide the service or product to your B2B/Government customer.
Submit
You upload the invoice to the Govbanc portal.
Fund
We advance up to 90%+ of the invoice value to your bank account within 24 hours.
Settle
Your customer pays the invoice directly to the factor; we release the remaining balance (the “reserve”) to you, minus a small fee.
Accounts Receivable Financing
Turn your invoices into an immediate source of unlimited working capital. Stop waiting 30, 60, or 90 days for payments to clear. We unlock the cash tied up in your unpaid receivables so you can meet payroll, pay taxes on time, and increase your gross margin.
- High Advance Rates: Get the majority of your invoice value within 24 hours.
- No Long-Term Debt: This is not a loan; there are no personal asset pledges required.
- Scalable Funding: Unlike bank lines of credit, our funding grows automatically as your sales increase.
Common Questions
Once your application is approved, funding can occur in as little as 24 hours after you submit an invoice.
No. Factoring is not debt. It is the purchase of your assets (invoices). This means no long-term debt on your balance sheet and no personal asset pledges.
No, you have the flexibility to pick and choose which invoices you want to finance based on your current cash flow needs.
Not necessarily. Unlike bank loans that require high FICA scores, our approval is based primarily on the creditworthiness of your customers (the ones paying the invoice).
Government Contractor Mobilization
The capital you need to launch and sustain government contracts. We understand the unique requirements of Federal, State, and Local contracts—including the Assignment of Claims Act. Our mobilization funding covers upfront labor and materials before the first milestone is paid.
- Bridge the Gap: Manage progress billing and slow government payment cycles (WAWF/IPP).
- Take on Larger Primes: Bid with confidence knowing your mobilization costs are covered.
- Specialized Compliance: We navigate the regulatory hurdles so you can focus on performance.
Common Questions
Yes. We provide funding for government contractors at all levels, including school districts and federal agencies.
Absolutely. We are experts in the regulatory requirements of government funding, ensuring all filings are handled correctly to keep your contract compliant.
Yes. Mobilization funding is specifically designed to cover your upfront labor and material costs so you can start the project without straining your cash reserves.
That is exactly what we solve. We bridge the 30, 60, or 90-day gap so you can meet payroll and focus on contract performance rather than payment delays.
Industry-Specific Working Capital
Tailored funding for Oil, Gas, and Transportation. Generic financing doesn’t work for industries with complex billing. We provide specialized support for:
- Oil & Gas: We manage the complexities of Field Tickets, MSAs, and Joint Interest Billing (JIB).
- Trucking & Freight: Fast funding for fuel, equipment repairs, and insurance—even with 90-day broker terms.
- Supply Chain & PO Funding: Secure the funds needed to fulfill large purchase orders and earn trade supplier discounts.
Common Questions
Yes. We work with both 40-year-old companies and brand-new startups, as long as you are selling “Business to Business” (B2B) and have invoices to finance.
We are experienced with the specific nuances of the energy sector, including Field Tickets, MSAs, and Joint Interest Billing (JIB) cycles.
We offer high advance rates and flexible terms tailored to your specific industry risk, helping you protect your margins.
Our funding is flexible and grows with you. We typically provide facilities ranging from $100k to $10M+ monthly as your sales territory and volume expand.
You can receive different amounts of funding based on your business needs and financial situation. The amount offered will depend on your specific circumstances and the details you provide about your business.
Credit & Risk Management
We don’t just fund your business; we protect it. Every Govbanc partner gains access to our professional credit team. Before you sign a new contract, we help you vet the opportunity.
- Complementary Credit Analysis: We credit-check your potential clients so you know which businesses to partner with and which to avoid.
- 24/7 Digital Portal: Real-time access to your account, invoice status, and funding history.
- Expert Decision Makers: You get full access to our management team, not just a call center.