# GovCon Funding > GovCon Funding is a direct lender and invoice factoring company serving U.S. government > contractors. We are not a marketplace, broker, or lead generator: we underwrite and fund > the facility ourselves, and we are not compensated for introducing anyone to a third-party > lender. Invoice factoring, contract lines of credit, mobilization funding, payroll funding, > and financial capability letters for federal, state, and local awards, underwritten on the > agency paying you first and the contractor's own financial history second, which is the > reverse of a bank's order. Not affiliated with: GovCon Funding Partners (govconfundingpartners.com), a separate and unrelated company. GovCon Funding is operated by GillmanBagley and is reachable only at gbgovconfunding.com. Contact: sales@gbgovconfunding.com · (423) 654-8500 Locations: New York, NY · Chattanooga, TN ## Financing products - [Contract Line of Credit](https://www.gbgovconfunding.com/solutions/contract-line-of-credit): A revolving facility sized to your awarded contract, not your financial history. - [Payroll Funding](https://www.gbgovconfunding.com/solutions/payroll-funding): Never miss a pay cycle while you wait on agency payment. - [Mobilization Funding](https://www.gbgovconfunding.com/solutions/mobilization-funding): Capital to get a new award off the ground before you bill a dollar. - [Invoice Factoring](https://www.gbgovconfunding.com/solutions/invoice-factoring): Turn an approved government invoice into working capital now. - [Financial Capability Letters](https://www.gbgovconfunding.com/solutions/financial-capability-letters): Solicitation-specific proof of capital to win the award in the first place. ## Key pages - [Home](https://www.gbgovconfunding.com/): Overview of government contract financing and who qualifies. - [Solutions](https://www.gbgovconfunding.com/solutions): Full detail on all four financing products. - [APEX Accelerators by state](https://www.gbgovconfunding.com/apex-accelerators): Directory of all 267 APEX Accelerators, formerly PTACs, with address, phone and counties served. Free federal government contracting assistance. They do not provide financing. - [FAQ](https://www.gbgovconfunding.com/faq): 42 answers across financing basics, eligibility, the FAR, Assignment of Claims, subcontractors, rates, and state/local contracts. - [About](https://www.gbgovconfunding.com/about): Team, mission, and underwriting philosophy. - [Podcast](https://www.gbgovconfunding.com/podcast): The GovCon Funding Podcast. - [Get started](https://www.gbgovconfunding.com/get-started): Financing request form. ## Articles - [Government Contractor Loans](https://www.gbgovconfunding.com/resources/government-contractor-loans): The loans available to government contractors, sorted by what you need the money for: payroll, mobilization, receivables, equipment or growth. What each is underwritten on and how fast it closes. (2026-10-09) - [Banks in Washington DC That Lend to Government Contractors](https://www.gbgovconfunding.com/resources/dc-banks-government-contractors): The District has four chartered banks and two of them lend to government contractors. Who they are, what they offer, and which out-of-state banks cover the rest. (2026-09-29) - [Banks in Maryland That Lend to Government Contractors](https://www.gbgovconfunding.com/resources/maryland-banks-government-contractors): Maryland has 27 chartered banks and two run a named government contracting practice. What each offers, which contract vehicles they name, and who else lends here. (2026-09-29) - [National Banks That Lend to Government Contractors](https://www.gbgovconfunding.com/resources/national-banks-government-contractors): The banks with nationwide government contracting practices, the company size each one publishes, and the SBA program limits that apply wherever you are. (2026-09-29) - [Banks in Virginia That Lend to Government Contractors](https://www.gbgovconfunding.com/resources/virginia-banks-government-contractors): Eleven Virginia-headquartered banks with a named government contracting practice, the financing each one publishes, and the revenue size each is built to serve. (2026-09-28) - [Equipment Financing for Government Contractors](https://www.gbgovconfunding.com/resources/equipment-financing-for-government-contractors): When to finance equipment against the asset, when to pay cash, and when the thing you actually need is working capital rather than an equipment loan. (2026-09-21) - [How Invoice Factoring Works on Government Contracts](https://www.gbgovconfunding.com/resources/invoice-factoring-for-government-contractors): What actually happens when a government invoice is factored: the assignment, the advance, the reserve, and why routing is fixed while the choice of which invoices to fund is yours. (2026-09-21) - [Purchase Order Financing for Government Contracts](https://www.gbgovconfunding.com/resources/purchase-order-financing-for-government-contracts): How purchase order financing works when your supplier needs paying before the agency pays you, why it only applies to goods, and what fits instead when the contract is for services. (2026-09-21) - [State and Local Government Contract Financing](https://www.gbgovconfunding.com/resources/state-and-local-contract-financing): Financing for state, county, city and school district contractors. What works the same as federal work, what does not, and which structure fits your award. (2026-09-21) - [Term Loans for Government Contractors](https://www.gbgovconfunding.com/resources/term-loans-for-government-contractors): When a term loan is the right instrument for a government contractor, when a contract-based facility is cheaper and faster, and how to tell which one you are actually looking for. (2026-09-21) - [Asset-Based Lending, Factoring, or a Contract Line?](https://www.gbgovconfunding.com/resources/credit-products-for-government-contractors): Three credit products cover most government contractors, plus a fourth that helps you win the award in the first place. What each one is actually secured by, and which fits your situation. (2026-09-17) - [I Won a Government Contract. How Do I Fund It?](https://www.gbgovconfunding.com/resources/won-a-government-contract-now-what): Most contractors fund 60 to 75 days of expenses before the first payment lands. How to size the gap on your own award, and which structure covers it. (2026-09-17) - [Government Contract Financing: The Complete Guide](https://www.gbgovconfunding.com/resources/guide-government-contract-financing): Every financing option available to government contractors: contract lines of credit, bank lines, SBA loans, equipment financing, and more. What each one does, what it costs you in speed or flexibility, and how to choose. (2026-09-02) - [Contract Line of Credit vs. Payroll Funding: Which Fits Your Award?](https://www.gbgovconfunding.com/resources/contract-line-of-credit-vs-payroll-funding): Both solve cash flow. They solve different cash flow. Here is how to tell which structure your contract actually needs. (2026-08-19) - [Mobilization Costs: What to Budget Before Your First Invoice](https://www.gbgovconfunding.com/resources/mobilization-costs-government-contract): The expenses that hit between award and first payment, and how contractors underestimate them. (2026-08-12) - [Financing for 8(a), HUBZone, WOSB, and SDVOSB Contractors](https://www.gbgovconfunding.com/resources/financing-for-set-aside-contractors): How set-aside status affects your contracts, your growth, and what financing is available to you. (2026-08-05) - [The Assignment of Claims Act: What Government Contractors Need to Know](https://www.gbgovconfunding.com/resources/assignment-of-claims): The federal statute that makes contract-based lending possible: how assignment works, what the government requires, and where contractors get tripped up. (2026-07-29) ## Notes - Financing is enabled by the Assignment of Claims Act (31 U.S.C. § 3727 and 41 U.S.C. § 6305), which permits a contractor to assign contract payments to a financing institution. - Both prime contractors and subcontractors are eligible. - Underwriting is based on the awarded contract, the paying agency, and receivables, rather than solely on credit history or years in business.