American Funding Solutions Closes $300K Factoring Facility for Government Staffing Firm

American Funding Solutions (AFS) closed a $300,000 factoring facility for a Virginia-based government contractor providing operations and maintenance staffing support for infrastructure projects.

The company supports projects tied to the Virginia Department of Transportation (VDOT), supplying skilled labor for bridge, tunnel, and ferry operations.

AFS structured the facility to support the company’s continued growth and help bridge extended payment cycles from large corporate and government-related payors.

The facility provides ongoing working capital to support payroll obligations and project expansion as the company scales its operations.