Small business government contractors have a lot on their plates. The contract acquisition process alone is a nightmare and, actually completing the contract can be even tougher.
One thing you never want to do is miss a payment to your lender. At Parabilis, we use a variety of flexible, transparent methods of payment to ensure that you.
- Never miss a payment
- Improve your creditworthiness
- Reduce your cost of capital
- Can graduate to a bank or other financial institution which fits your long-term needs and goals
Cash dominion is one way through which we help our clients secure financing. With this method, all payments from your contracts are directed to your account at Parabilis. This is typically done via an assignment of claims, which is prepared by Parabilis staff and submitted to your customer with your consent. This removes a headache for you each month and reduces the chances of accidental missed payments and increased interest expense.
Cash dominion helps keep your interest expense low and our confidence high. Once your line balance reaches $0, all incoming payments will be forwarded to your operating account within 24 hours.
Contact us today to learn more.