Thank you to everyone who invested in our most recent funding round.

Our campaign is now closed. Thank you to the investors who helped us reach our investment goal!

Our Trusted Partners

Department of Defense Trusted Capital Provider

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.

Our Traction To Date

$1.0B+

in annual invoice purchasing capacity

$92.7M

projected near-term revenue

$50M+

of institutional capital raised

14,097

subscribers to non-traditional digital marketing channels

8,556

active client prospects in pipeline

48%

historical gross yield

Financing Partner

of the U.S. Army, Airforce Research Labs and Space Force accelerator programs

Leveraging Finance to
Fortify U.S. Defense

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.

Overhead cost reduction
3x
More clients per employee
Problem

Long Pay Cycles Create Obstacles For Vital Industries

When private companies are awarded government contracts worth billions, they don’t always have the capital necessary to complete their projects.

Commercial loan requests by small and medium-sized businesses are rejected
Small businesses fail due to poor cash flow
Solution

Meet Endeavour

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.

Our target sectors are scaling at an exponential rate

$2.7 T
Total Addressable Market
Defense
Projected to grow at a 10% CAGR for the next 5 years, resulting in a $781B market
Cybersecurity
Projected to grow at a 7.5% CAGR with $974B across 27,185 active contracts
Space
Projected to grow at a 10.6% CAGR and is expected to reach $1.1T in 2040

What Is AR FINANCING

AR financing is a well-understood, decades-old funding approach. 

How It Works:
Invoice your client and send a copy to us
We advance up to 90% of the invoice value, typically within hours
When the invoice is due, your client pays us
We send the balance of the invoice to you, minus our transaction fee

A Revolutionary Approach To AR Financing

Our unique lending approach catalyzes an alternative to traditional banking

The Endeavour Difference
Flexible
Our goal is to serve as a financial resource for our clients if and when they need us. Our funding amounts are flexible and don’t require a minimum contract length.
Transparent
Unlike conventional invoice financing companies, we don’t require long-term commitments, extra fees, high interest rates, or a complicated process. We get straight to the point.
Experienced
Our team is uniquely experienced in the sectors that we serve, which is why we have a unique understanding of the industries, their importance, and their needs.
Safe
Our model is fool-proof because we purchase invoices that have already been approved by the government so that future fulfillment is certain.
Accessible
We help vital companies easily and quickly procure funding when they otherwise cannot through an easy and approachable investment structure.
Mission-Driven
We devote 50% of our profits to charities that support Veterans, military families and their communities. Many of our customers are either Service Disabled Veteran Owned Small Businesses or former service members.

HEAR FROM OUR CONTRACTORS

SOCOM Computer Hardware Team, Sub-Contractor:
"Capital is essential for early-stage companies to survive the Valley of Death. And when it seems like you can't just hold out any longer, and that NET45 invoice will never come, be assured that Endeavour provides that saving grace to get you through the hardest times in building a company. Don't let your entrepreneurial dreams die. Our trust and faith is in Endeavour."

-Lito Villanueva, Founder - Litocorp
Intelligence & Security Contractor, Prime & Commercial Work:
“Working with the team at Endeavour can best be described as going through a corn maze with a failing flashlight and having a teammate toss you a mag light. Great guys. Terrific team that is highly motivated.”
-Joshua Chandler, Justice Solutions Group
Intelligence & Security Contractor, Prime & Commercial Work:
"Having capital partners that you can trust to cover your six quickly when you need to stay nimble and flexible in your cashflow is a true force multiplier. The team at Endeavour is the real deal.”-Geospatial Intelligence, anon
"Endeavour understands the need small businesses have for cash flow that allows them to focus on their innovative work and less on the challenges of government contracting. Specifically, a way to bridge the massive upfront costs of doing business in space with the lengthy term payments provided by the government, small business contractors can partner with Endeavour to receive funds based on awarded contracts at a fraction of the cost and time than other options. Endeavour fills a vital need for US Department of Defense small business contractors."- Mo Kanwisher and Kimar Gartman
"We believe our relationship with Endeavour will help us to expand our operations and move quickly within a dynamic supply chain environment," said Caleb Carr, president and CEO, Vita. "This agreement will ultimately help us bring a life-saving product to market more quickly, making our customers' operations safer."- Vita Inclinata
Investor Webinar with Q&A

Join Chris Lay, CEO and founder of Endeavour, on December 14th at 12:00 pm EST for an investor webinar! Learn more about this powerful investment opportunity, and our mission to help fast-growing and critical businesses thrive with innovative AR financing technology. Seats are limited, so be sure to reserve yours today!

joın our webınar

Meet The Team

Our team has 30+ years of combined experience in finance & government services.

Team:

Chris Lay

FOUNDER
Successful venture exit to Corp VC, healthtech
Negotiated >$45M equity structures with Limited Partners, and debt terms >$85M with senior lenders
Multiple successful capital raises amongst 50+ institutional funds and family offices
MBA (USC) & PhD, Neurobiology (UC Irvine)

James Parker

FOUNDER
Successful public listing of high-growth consumer good start-up at $1.6B valuation (CFO)
Raised $500M+ in debt and equity (CFO)
Restructured $1B+ in Corporate Debt
Turnaround and Restructuring, Alvarez & Marsal
Lockheed, Northrop, United Space Alliance, Raytheon
MBA (USC), Astrophysics (Rice)

Board:

Ken Campbell

Founder of multiple venture-backed high-tech startups with successful exits, and over $300M in venture capital raised
Extensive experience in Board of Directors and Strategic Development roles, both private and publicly-listed companies
Former CEO of cutting-edge US Defense Contracting firm, having held a TS-level clearance

General Michael Barbero

3 combat tours of duty across 46 months as a General Officer, including as Chief of Operations for all US, Coalition, and Iraqi forces during the 2007-2008 “Surge”
Director, Joint Improvised Explosive Device Defeat Organization, including rapid acquisition authority, >$2B annually
Managed a $13B Military Sales program during his service

FAQ

What types of services can ENDEAVOUR fund?

Accrued

  • In addition to AR financing, Endeavour can fund against earned-but-not-billed contracts (Accrued Contracts → The bill has not been sent out, but the work has been performed, and therefore expenses have already been incurred and revenue earned)
  • In addition to AR financing, we can fund against earned but NOT billed contracts - a term where someone has a contract with the US gov't/did all the work necessary, but they haven’t billed them yet. Sometimes you can't bill for 60-90 days after work is completed


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?

  • Invoice factoring is fast. Most companies receive their payment within 24 hours of being approved for factoring.
  • Approval is based on the credit strength of your customers, so those with less-than-perfect credit can still apply.
  • Factoring is not debt, unlike a bank loan that has to be paid back.
  • There is also no funding cap using accounts receivable factoring.
  • Startups can use factoring as long as they have invoices.

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:

  • Receivables financing or receivables factoring
  • AR factoring (or A/R factoring)
  • Accounts receivable or account receivables factoring
  • Invoice financing, invoice discounting, or invoice factoring

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