Government Contractors

Pursue Prosperity

Government Contract Financing Opportunity

The United States Federal Government is the largest debtor in the country, but it operates differently from your typical public or large private company. Rapid growth can occur once a contract is awarded or task orders are issued, causing excitement. This excitement is typically followed by a reality check and the question: How can I meet my payroll, vendor, and other company obligations while this project is completed? The answer is SouthStar’s Government Contract Funding Vehicle.

The Federal Assignment of Claims

The Federal Assignment of Claims outlines how a Government Contractor may assign monies due under a Federal Contract. Obtaining an approved Assignment of Claims is a detailed process that the SouthStar operations department has the qualification and experience to navigate. In addition to an Assignment of Claims, a Contract Modification may also need to be obtained.

Once the above are in place, the verification and funding process is quick, typically 24 hours. Working with a financial institution that understands the intricacies of the Federal Assignment of Claims, Contract Modifications, and communicating with Contracting Officers is crucial.

SouthStar’s clients have used various federal contract vehicles to secure work with the Federal Government and Department of Defense, including IDIQs, BOAs, Task Orders, GSA Schedules, ENCORE II, SeaPort-e, and DHS Eagle. Our experience with multiple contracts allows us to quickly and efficiently structure our clients’ financial solutions.

Various programs and qualifications are tailored to small businesses who wish to work with the Federal Government. The below qualifications receive special treatment on certain Federal Contracts:

• WSOB – Women-Owned Small Business
• HUBZONE – Historically Underutilized Business Zone
• 8(a) Certified Small Disadvantage Business
• VOSB – Veteran Owned Small Business
• SD-VOSB – Service-Disabled Veteran Owned Small Business

SouthStar Capital has played a pivotal role in the success of my staffing agency. Their unwavering support in providing the necessary working capital has empowered us to stand toe-to-toe with industry giants, enabling us to pursue contracts with unwavering confidence to deliver on our commitments.

Albert Williams

The entire team is committed to communicating throughout the entire application, underwriting & funding process. The funding User Interface is simplified to expedite the transfer of funds, review previous transactions, and download reports for accounting purposes.

David Hill