GovCon Invoice Factoring
Turn your unpaid government invoices into working capital today. Encore advances up to 90% of each federal invoice so you never have to wait Net-30 to Net-90 to get paid.
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Fast, no-obligation. A specialist responds within 24 hours.
What is government invoice factoring?
Invoice factoring converts the receivables you've already earned into immediate cash. Instead of waiting for a federal agency to pay on its own timeline, you sell the invoice to Encore at a small discount and receive most of the value up front.
For government contractors, it's one of the cleanest ways to fund operations: the agency's creditworthiness does the heavy lifting in underwriting, so you don't need a long credit history or to pledge personal assets.
How the funding cycle works
Deliver the work and invoice the agency as usual. Submit the invoice to Encore, and we advance up to 90% of its value — often within one business day once your line is set up.
When the agency pays, you receive the remaining balance minus a transparent factoring fee. There's no debt on your books and no fixed monthly payment; your funding scales directly with your invoicing.
Why contractors choose factoring over a loan
A bank line is capped at what your balance sheet supports and takes weeks to adjust. Factoring scales with your contract volume — win a bigger award, and your available funding grows with it automatically.
It also keeps you out of the debt cycle: you're accelerating money you're already owed, not borrowing against the future.
Frequently asked questions
How is factoring different from a loan?
Factoring advances cash against invoices you've already earned, so it isn't debt and has no fixed monthly repayment. A loan adds a liability and a payment schedule regardless of when your customer pays.
Will the agency know I'm factoring?
Government factoring typically involves an assignment of claims so payment is directed to a lockbox. Your funding specialist will walk you through the standard, compliant process.
How much of each invoice do I get?
Encore advances up to 90% of the approved invoice value up front, with the remainder (less the fee) released when the agency pays.
How fast is funding?
Initial approval is typically within 48 hours. After your line is established, individual invoices can fund in as little as one business day.
What does it cost?
A transparent fee on the invoice amount, quoted up front with no hidden charges. Submit the form for a no-obligation quote tailored to your contracts.
Ready to stop waiting on government payments?
Get up to 90% of your invoice value advanced. Apply in minutes.