Contract Financing
Getting Your Contract Financed
By monetizing your contract through 1st American Commercial Lending, you are able to utilize the maximum amount of capital possible from a contract that you either are currently in negotiations with, or that you have already secured and are ready to move forward on. This unique program allows you to start your project faster and more efficiently, without having to wait on your client to incrementally repay you over years or decades.
Benefits of 1st American’s Contract Finance Program
This is a particularly great commercial program for new companies that have very limited capital reserves. In many cases, banks and other lenders are unable or unwilling to lend to businesses of this nature, which makes taking on new projects difficult or impossible. With contract financing, you no longer have to worry about where the money is going to come from to get things up and running.
Industries
Financing your contract can be an excellent option for a variety of industries. Here are just a few examples:
Banking hardware and software
Communications
Consumer and commercial computer systems
Education
Food processing
Healthcare
Municipal and other various government agencies
Recycling and other “green” industries
Retail
Technology
Water purification
Franchise Financing
Franchise Financing
Financing for Franchise Owners
Starting or expanding a franchise can be a rewarding experience, but the capital required for most profitable franchise chains can be substantial—and out of the question for many individuals to raise on their own. Furthermore, if you are a first-timer when it comes to opening a franchise, many banks will immediately reject your application for business financing based on that fact alone.