Heavy Highway Contractor

  • 1.  Bonded Receivables

    Posted 07-23-2014 16:08
    This message has been cross posted to the following Discussions: Heavy Highway Contractor and General Inquiries .
    -------------------------------------------
    We are a Heavy Civil Contractor working in the Public Sector in the South Texas area.

    A very large percentage of A/R is from Bonded Jobs for the local Government Entities.

    Has anyone ever had a Lender/Financial Institution give them any kind of availability on a Line of Credit against those Bonded Receivables?

    If so, please share the name/contact info.

    Thanks in advance-

    Tim Braden

    -------------------------------------------
    Timothy Braden CPA
    C.F.O.
    J3 Company, LLC
    Comfort TX
    (830) 995-5100
    -------------------------------------------