
Seeking Qualified Contractors
We’re seeking qualified contractors who meet one or more of the following criteria:
The Government Contracting Finance Team at Icarus Fund provides working capital solutions to government contractors serving local, state, and federal agencies. Our ready capital and partnership approach to lending enhances your firm’s ability to bid on, win, and execute government contracts.
Leverage our extensive expertise and proficiency in navigating the complex landscape of government agencies.
Tap into our available liquidity to maintain smooth operations and swiftly adapt to changing demands.
Our comprehensive suite of products and dependable funding will support your growth throughout every stage of your business lifecycle.
The United States Federal Government, the country’s largest debtor, operates differently from typical companies. Rapid growth from awarded contracts or issued task orders can be exciting, but it raises the question: “How can I meet my payroll and other obligations during this project?” The answer is SouthStar’s Government Contract Funding Vehicle.
The Federal Assignment of Claims allows a government contractor to assign due funds under a federal contract. Securing an approved Assignment of Claims is intricate, but Icarus Fund’s experienced operations team can handle it efficiently. A Contract Modification may also be needed. Once everything is in place, verification and funding typically occur within 24 hours. Partnering with a financial institution that understands these processes and communicates effectively with Contracting Officers is crucial.
We’re seeking qualified contractors who meet one or more of the following criteria:
Icarus Fund’s clients have utilized various Federal Contract Vehicles to secure work with the Federal Government and Department of Defense, including IDIQs, BOAs, Task Orders, GSA Schedule, ENCORE II, SeaPort-e, and DHS Eagle. Our extensive experience with these contracts enables us to efficiently structure financial solutions for our clients.
Additionally, there are several programs and qualifications designed for small businesses seeking federal contracts. The following qualifications are eligible for special consideration on certain Federal Contracts:
Government Contract Financing provides funding solutions tailored to prime and subcontractors for state, federal, and municipal government projects. It helps cover costs such as task orders and other capital needs for contract completion.
Icarus Fund’s Government Contract Funding Vehicle offers capital to meet payroll, vendor, and other obligations while a project is being completed. This helps manage the rapid growth and financial demands that follow contract awards and task orders.
The Federal Assignment of Claims is a process that allows government contractors to assign monies due under a federal contract. Icarus Fund’s operations team has the expertise to handle this process, including obtaining necessary Contract Modifications.
Once the necessary documents are in place, the verification and funding process typically takes 24 hours.
Federal Contract Vehicles are various types of contracts used to secure work with the Federal Government and Department of Defense. Examples include IDIQs, BOAs, Task Orders, GSA Schedule, ENCORE II, SeaPort-e, and DHS Eagle.
Small businesses can benefit from programs such as:
Icarus Fund has extensive experience with various contract vehicles and small business programs, allowing us to provide efficient and tailored financial solutions to our clients.
Icarus Fund simplifies business financing. From quick capital to equipment financing and invoice management, we offer tailored solutions so you can focus on growing your business.
Icarus Fund’s Capital has a team of dedicated sales and operations personnel that specialize in providing Government Contract Financing solutions to Prime and Sub-contractors for State, Federal, and Municipal government projects. We custom tailor our solutions to provide our clients with the growth capital needed to fund task orders, as well as any other capital needs for contract completion.
Do you have any questions? Write and our specialists will answer you.