Our campaign is now closed. Thank you to the investors who helped us reach our investment goal!
Endeavour has recently attained the official Trust Capital Provider designation from the Department of Defense. We’re 1 of 20 companies with this limited accreditation and the only company in our niche.
In today's world, innovation requires capital, and traditional sources aren't funding the nation's most critical national security projects due to high labor costs. Endeavour’s structure allows us to generate cash flow from even the smallest contracts.
At Endeavour, we've developed an innovative program that allows mission-aligned clients to get the immediate funding they need to execute their important government work.
In today's world, innovation requires capital, and traditional sources aren't funding the nation's most critical national security projects due to high labor costs. Endeavour’s structure allows us to generate cash flow from even the smallest contracts.
When private companies are awarded government contracts worth billions, they don’t always have the capital necessary to complete their projects.
Endeavour exists to finance private businesses that deliver highly technical solutions for complex problems affecting everyone on our planet. From national intelligence to aerospace and defense to cybersecurity, Endeavour funds the projects that bring the most good to our collective future.
AR financing is a well-understood, decades-old funding approach.
Our unique lending approach catalyzes an alternative to traditional banking
Our team has 30+ years of combined experience in finance & government services.
FAQ
What types of services can ENDEAVOUR fund?
Accrued
How Are Factoring Companies Different From Banks?
Any bank that performs depositary services must be regulated by the federal government. Federal regulation requires banks to comply with very stringent reporting and liquidity measurements. When a bank lends money, they also must require their clients to comply with many provisions such as minimum net worth, monthly financial reporting, annual audits, and other proof of financial stability.
Why Is Invoice Factoring Better Than A Bank Loan?
How Quickly Will My Business Receive Money?
Once your factoring account is established with Endeavour, your business will typically receive the funds within 24 hours of submitting eligible invoices.
Are There Different Types Of Factoring?
Yes. There is both recourse and non-recourse factoring.
What’s The Difference Between Recourse And Non-Recourse Factoring?
Recourse factoring requires the client to pay back accounts receivable if the factoring company is not able to collect payment. Non-recourse factoring doesn’t require clients to buy back unpaid invoices, but the factoring fee for non-recourse factoring is higher.
Is Factoring Available For My Business If My Business Trades In Services Rather Than Goods?
Yes, we look to support all kinds of businesses whether they are in goods or services trading. At Endeavour, we are specialists in government contract factoring. Any business that has a contract with the federal government is a good candidate for factoring.
Can I Factor Government Invoices?
Yes. If your business contracts with the federal government, you can take advantage of Endeavour’s government invoice factoring service to get faster access to working capital.
Is My Business Eligible For Accounts Receivable Factoring If It Owes Back Taxes?
It might be. Eligibility is determined on a case-by-case basis when it comes to tax issues. Please schedule a consultation with us to review your business’s situation.
Do I Have To Sign A Factoring Contract?
No. Factoring is a service that can be started and stopped whenever you want without penalty.
Do I Have To Factor All My Invoices?
No, you can choose which customers to factor and which invoices for that customer to factor.
Is Invoice Factoring New?
Invoice factoring is actually a centuries-old business finance tool that allows organizations that invoice their customers for payment to receive immediate payment by factoring them with a third party, called a Factor, for a small fee, called a factoring fee.
What Is Another Term For Invoice Factoring?
Invoice factoring has several synonyms and is sometimes referred to as:
How Much Will Factoring Cost Me?
Costs are dependent on the services you use. Endeavour will work hard to understand your business and create an appropriate fee structure.
Do I Need To Provide Any Security?
No. Your invoices are your assets, so you don’t have to provide any tangible security that banks would ask for, such as property or a deposit, to secure your funding.
How Do I Explain To My Customers That I’m Factoring?
You don’t have to explain factoring to your customers. The factoring company you choose will tell your customer you are factoring your account receivables.
How Will My Customers Know Where To Send A Payment For Invoices That I Have Chosen To Factor?
Your customer will be notified to pay us directly. When invoices are factored they will be stamped with the address to send payment to prior to being mailed to your customer. However, if some of your customers send payments to you by mistake, you must send those payments uncashed to Endeavour immediately.
How Can I Be Certain That Your Factoring Company Will Treat My Customers Well?
We are not a collection agency. We will never harass your customers for money. Maintaining your customers’ goodwill and confidence is of utmost importance to us.
What Is Accounts Receivable (AR) Funding?
Accounts receivable (AR) funding is a type of financing arrangement in which a company receives financing capital related to a portion of its accounts receivable. Accounts receivable financing agreements can be structured in multiple ways. The most common AR Funding structure is a loan agreement.
What Is The Difference Between Factoring and Accounts Receivables Financing?
The primary difference between factoring and bank financing with accounts receivables involves the ownership of the invoices. Factors actually buy your invoices at a discounted rate, while banks require you to pledge or assign the invoices as collateral for a loan.
How Is AR Funding Different from A Business Loan?
Unlike traditional financing options, which might require collateral in the form of capital assets, the security for accounts receivable financing is a company's sales revenue. Equally important, the financing is not a loan and, therefore, does not affect a company's financial ratios, such as the debt-to-equity ratio.
Why Is Accounts Receivable Classified As A Current Asset?
Accounts receivable is the amount owed to a seller by a customer. As such, it is an asset, since it is convertible to cash on a future date. Accounts receivable is listed as a current asset in the balance sheet, since it is usually convertible into cash in less than one year.
Is Accounts Receivable A Liquid Asset?
Accounts receivable are considered highly liquid assets. Many companies may see accounts receivable as a burden since the assets require collections and can’t be converted to cash immediately. This is where an AR funding company such as Endeavour comes in. Rather than waiting 30+ days for payment, we help your business get paid immediately for goods and/or services you’ve already provided.
What If My Question Is Not Answered Here?
If you don’t see an answer to your question here, please contact us: https://www.endeavourcap.com/lets-get-started