Skip to content
(810) 229-2601 Contact Us
GOVERNMENT SUPPLIERS

Fund Government Contract Performance. Support Growth Across Awards.

Asset-based financing for government suppliers who carry contract performance costs before payment arrives.

FINANCING FOR GOVERNMENT SUPPLIERS

Capital Requirements of Government Suppliers

Companies supplying goods or services to government customers frequently commit labor, materials, equipment and operating resources before receiving payment. Contract administration, acceptance requirements and customer payment procedures can all affect when that revenue becomes available as cash.

Great Elm Commercial Finance provides asset-based lending to established middle-market businesses with strong management and a solid collateral base. A government contract is not the same thing as an eligible, enforceable receivable, so each customer relationship and the payment rights behind it are evaluated on their own terms.

Professionals in conversation on the steps of a government building

INDUSTRY CHALLENGES

The Financing Pressures of Government Contracts

Public-sector work is steady in purpose but demanding in process. Performance costs, acceptance steps and contract terms all shape when cash arrives and how a lender sees the business.

These are the pressures we see most often among government suppliers.

Labor, materials, equipment and subcontractors are paid as work is performed, often well before the customer pays. That puts steady demand on working capital for the length of the contract.

Invoices may wait on deliverable acceptance, documentation or the customer's payment procedures. Even well-run suppliers can wait through these steps before revenue becomes cash.

A new award often requires hiring, purchasing and staging before the first invoice can be issued, so winning work can widen the funding gap before it closes.

WHO WE FINANCE

Suppliers and Contractors We May Finance

We work with established businesses that have strong management and assets we can lend against.

Specific government receivables and contractual rights require case-by-case evaluation, and eligibility always depends on the individual company, its contracts and its collateral.

Typical borrower profiles

  • Established suppliers: companies with relevant commercial or government-related receivables.
  • Manufacturers and distributors serving public-sector customers.
  • Service contractors with meaningful qualifying operating assets.

$5MM–$500MM

Typical Annual Borrower Revenue

Financing availability and eligibility depend on the individual transaction, eligible collateral, and underwriting requirements.

$5MM–$30MM

Typical Target Loan Size

A typical target, not a limit. Loan size depends on the individual transaction, eligible collateral, and underwriting requirements.

FINANCING APPLICATIONS

Financing for Contract Delivery and Growth

Capital needs follow the contract from award to performance to payment. Each application is reviewed against the borrower, the contract and the available collateral.

Smiling site engineer in a blue hard hat with arms crossed

Fund Contract Performance

Materials, labor and fulfillment costs come due while customer invoices move through acceptance and payment. Receivables-backed financing can help carry that gap when the receivables are legally and contractually eligible.

Whether a particular receivable qualifies is reviewed contract by contract, based on the payment rights, documentation and any existing liens.

Ledgered Line of Credit

Support Awarded Work

When contract volume increases, added staffing, purchasing and mobilization costs arrive before added revenue. We can evaluate the additional capital a qualified borrower needs to perform on new awards.

Ledgered Line of Credit

Invest in Operating Capacity

Expansion and continued performance can require equipment or other assets. Secured financing backed by eligible business assets may fund that investment without relying only on existing cash.

Secured Term Loans

RELEVANT FINANCING SOLUTIONS

Lending Options for Government Suppliers

A Ledgered Line of Credit may provide revolving borrowing where receivables are legally and contractually eligible. Secured Term Loans may apply where qualifying equipment, inventory or other assets support financing.

Neither product automatically makes a government contract or purchase order eligible collateral. Suitability depends on your collateral, borrowing needs and our underwriting review.

Recent Deals

Financing deals that move businesses forward.

Explore our recent financing transactions and discover how we’re helping businesses access the capital they need to grow and succeed.

See More Deals

FREQUENTLY ASKED QUESTIONS

Government Supplier Financing FAQs

Answers to common questions about how asset-based financing applies to businesses that serve government customers.

They can be considered. Assignment terms, documentation, lien priority and Great Elm approval may all matter, so each contract and receivable is reviewed individually.

Discuss Financing for Your Government Supply Business

Great Elm can review your customer relationships, outstanding receivables, operating assets and the financing requirements associated with your contracts.

Contact Our Financing Team

Tell us about your business and what you’re looking to finance. A member of our team will follow up to discuss your needs and potential next steps.