Government Contract Line of Credit Alternative
A traditional line of credit caps out right when you win bigger work. Encore's invoice financing scales with your contract volume — so your available cash grows as fast as your pipeline.
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Why a fixed credit line falls short for GovCon
A bank line of credit gives you a fixed ceiling based on a snapshot of your business at approval time. But government contracting is anything but static — the moment you win a larger award or add a new task order, your working-capital need jumps, and a fixed line can't keep up. Worse, banks are often reluctant to extend meaningful credit to newer or rapidly growing contractors at all.
The result is a cap that constrains you exactly when you're growing fastest, forcing you to turn down work or scramble for additional funding.
Financing that grows with your contracts
Encore's invoice financing works differently. Instead of a fixed ceiling, your available funding is tied to your invoiced contract volume — so as you win more work and issue more invoices, your access to cash expands automatically. Win a bigger contract, and your line grows with it.
You draw on your own approved receivables, getting up to 90% of each invoice's value in as little as 48 hours. It's not debt, there's no fixed monthly payment, and there's no dilution.
The flexibility of a line, without the ceiling
Encore was founded by the original Advance Partners team and has deployed over $25 billion in funding. Because we underwrite against the federal government's creditworthiness rather than just your business credit, contractors who can't get an adequate bank line can still access the working capital their contracts demand.
Use the cash for payroll, subcontractors, materials, or new mobilization — whatever the contract requires, when it requires it.
Frequently asked questions
Is this a line of credit?
It's a flexible alternative to one. Rather than a fixed credit ceiling, Encore advances cash against your approved government invoices, and your available funding scales with your contract volume instead of staying capped.
How is it different from a bank line of credit?
A bank line has a fixed limit and is hard for growing or newer contractors to obtain. Invoice financing grows automatically with your invoiced work, isn't debt, and underwrites against the government's credit rather than just yours.
How fast can I access funds?
Approval is typically within 48 hours, and once your line is set up, advances on new invoices can fund in as little as one business day.
Do I need strong business credit to qualify?
Not necessarily. Underwriting focuses on the creditworthiness of your customer — the federal government — which makes financing accessible to fast-growing contractors a bank might decline.
How much does it cost?
Pricing is a transparent fee on the invoice amount, quoted up front. Submit the form and a funding specialist will walk you through exact terms — no obligation.
Ready to stop waiting on government payments?
Get up to 90% of your invoice value advanced. Apply in minutes.