Bridge Loan for Contract Financing
Access to affordable, short term bridge loans for contractors bidding or executing on a contract with the State of Nevada.
You’re a business owner who’s won a big contract,or is in the running for one. You have a great service and a strong plan, but need funding in order to deliver. If you’re looking for short term capital or a line of credit to fund the early stages of a contract or need to show that you have the financial backing to perform the job, a Bridge Loan for Contract Financing through ACCESS can help.
Line of credit
Affordable interest rates
Bridge Loan for Contract Financing Program
Established businesses can use the ACCESS Bridge Loan for Contract Financing program to support their financing needs. If your business has a break-even or positive cash-flow, and a history of paying its debts, then you’re a good candidate for the ACCESS Bridge Loan for Contract Financing. Learn more about the program’s features:
If you’re a certified Minority- and Women- Owned Business Enterprise (MWBE) bidding or executing on a contract with the State of Nevada, you may qualify for the Bridge Loan for Contract Financing program. MWBEs undergo an extensive certification process with the State of Nevada. In turn, they receive increased access to certain government contracts for minorities and women, and have access to networking and other benefits.
Certified MWBEs of all shapes and sizes can benefit from Contract Financing. Perhaps you self-funded previous smaller contracts and are looking to move to the next level. Or, you have a track record of performing on large contracts and can take on more work, but have maxed out your line of credit with your bank. Contract Financing can provide access to funding when other sources might not be available.
You can use your Bridge Loan for Contract Financing for working capital when bidding or executing on a contract with the State of Nevada. Having working capital on hand means that you can more easily hire staff, purchase materials or equipment, and more. You’ll also be able to demonstrate that your business has the funding to successfully complete the job and better position yourself to win the contract bid.
Bridge Loan for Contract Financings can help position you to successfully compete for government contracts.