Service Contracts

If your service based business is awarded a contract that is larger than your normal size or one that will require an unusual amount of up-front “mobilization” costs, then Benefunding can get you the cash that you need.



Criteria

  • Only transactions where the customers are creditworthy businesses are
    eligible for funding.



Required Documents

  • Copy of the service contract
  • Schedule of cash requirements to complete the service (cost breakdown)
  • Transaction timeline
  • Current aged Accounts Payable report
  • Current aged Account Receivable report
  • Factoring Agreement (can be provided by Benefunding)
  • Personal Financial Statements of Principals