You’ve won a contract! Congratulations!
But you don’t get paid for 30, 60 or 90 days. How will you cover costs to get started?
WHC can help! Here are the Steps for Contract Financing with WHC
- Secure a contract!
- Complete the form at the bottom of this page.
- Upload the required documents (which we will send in your confirmation email).
- If approved, the underwriting team will finalize your request.
- If you accept, you will receive the funding.
How Contract Financing Works
Contract financing is a financial arrangement where a company obtains funding based on future payments it expects to receive from a contract. This can be particularly beneficial for businesses that have secured significant contracts but need immediate capital to fulfill their obligations, such as purchasing materials, hiring staff, or investing in equipment.
Benefits of Contract Financing
- Improved Cash Flow: By providing immediate access to funds, contract financing can help businesses manage cash flow effectively.
- Increased Revenue: With additional capital, businesses can invest in growth opportunities and potentially increase revenue.
- Reduced Risk: Contract financing can help mitigate the risk associated with long-term contracts.
- Flexibility: Different types of contract financing offer various levels of flexibility to suit different business needs.
Loan Process
STEP ONE: Complete the Quick App below.
STEP TWO: You will be directed to the Document Upload page. This is where you upload the necessary documents.
STEP THREE: Click here to schedule a complimentary consultation with a Senior Loan Consultant to discuss your options.
STEP FOUR: You gather and submit documents for your loan application. We will follow up with you to assist as needed.
LET’S BEGIN WITH STEP ONE, THE WHC QUICK APP!