Our Chairman, Dr. Ed Bersoff’s Award Speech

Our Chairman, Dr. Ed Bersoff’s Award Speech

At their annual gala in early November, the Northern Virginia Chamber of Commerce and Professional Services Council announced which companies and executives will receive this year’s Greater Washington Government Contractor Awards. In this 17th annual awards ceremony,...
The Perils of Factoring, Part 3

The Perils of Factoring, Part 3

Revolving Lines of Credit – Just in Time Financing Just in Time Inventory Management grew in popularity in the mid 1970’s; it’s a popular business management concept built on maintaining a supply of goods that perfectly meets the market demand “just in time” thereby...
The Perils of Factoring, Part 2

The Perils of Factoring, Part 2

Part 2: The Big Lie – Interest Rates are not APRs Running a government contracting company comes with many risks and rewards. One of the biggest risks can be a stall in cash flow due to slow payment by the government. If your Company does not have a cash reserve...
The Perils of Factoring, Part 1

The Perils of Factoring, Part 1

Part 1: Don’t Pay More for Less Companies of all sizes and industries face one common problem: working capital shortages. In the government contracting industry, a common solution to this problem is invoice factoring. Invoice factoring, or the selling of invoices in...