Financing Trends for Government Contractors

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Posted To: Voice of Housing

It is no secret that commercial banks are less likely to provide credit to small and medium-sized businesses than in the past, and government contractors are certainly not immune to this trend. For those companies in need of working capital and lacking a traditional commercial banking option, the specialty finance market may be the best option. The good news is that there is an abundance of finance companies providing alternative lending options for government contractors and other businesses. In fact, 76% of the members of the Commercial Finance Association are non-bank financial institutions. And, according to a recent article, noted hedge fund manager Daniel Zwirn is forming a fund to “occupy the competitive space evacuated by traditional lenders.” Many of these non-bank financial...(read more)

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Source: www.mortgagenewsdaily.com

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