This message has been cross posted to the following Discussions: Heavy Highway Contractor and General Inquiries .
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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
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Timothy Braden CPA
C.F.O.
J3 Company, LLC
Comfort TX
(830) 995-5100
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