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Lafayette Federal Credit Union Partnership

Government Receivables Financing with Lafayette Federal Credit Union

Hitachi Government Finance has teamed up with Lafayette Federal Credit Union to offer government receivable financing and full-service cash management.

The partnership allows the two organizations to combine their resources to offer government receivables financing and cash management to companies that range from small, economically disadvantaged businesses, to mature, publicly traded companies that provide goods and services to U.S. government agencies, selected local governments, and as subcontractors to larger prime contractors. Typical clients have monthly financing needs from $50,000 to $20 million.

Contact Gayle Dorsey at (202) 365-3565 or gdorsey@hitachigovernmentfinance.com to learn more.

 

 

Government receivables financing is perfect for companies looking to:

  • Finance growth
  • Pay for materials
  • Fund payroll
  • Finance turnaround situations
  • Prepare for seasonal demands

 

Advantages:

  • Up to a 90% advance on accounts receivable
  • Facility is based on the credit strength of your customers, not your balance sheet
  • No financial covenants
  • Can be used with bank financing
  • Financial support letters
  • Teaming opportunities with other Hitachi Ltd. companies
  • Financing for government equipment leases and asset-based lending transactions
  • Working capital for your subcontractors
  • Online reporting

 

Typical Clients:

  • Provide products and services to U.S. government agencies and select local governments
  • Are subcontractors to larger prime contractors
  • Range from small, economically disadvantaged businesses to mature, publicly operated¬† and traded companies in the U.S.

 

Learn more today! Contact Gayle Dorsey at (202) 365-3565 or gdorsey@hitachigovernmentfinance.com.

 

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