Is The State of Illinois Late In Paying Your Invoices?
Vendor Capital Finance LLC can help.
As a Qualified Purchaser in the State of Illinois’ Vendor Payment Program, Vendor Capital Finance LLC will buy your late, unpaid state invoices at 100% of their value. The process is simple: Sign up with us and we’ll find out from the State what invoices are eligible for the Vendor Payment Program. Pick the ones you want us to fund and we’ll pay you 90% up-front and the remaining 10% in two installments when the State of Illinois pays us back.
Don’t have any late State of Illinois invoices? Registering with VCF provides peace of mind in knowing that if the State falls behind in its payments, we’ll be there to fund your unpaid invoices. The current state fiscal deficit is nearly $7 Billion and could grow to $9 Billion in 2016. Add in the fact that the State’s unfunded pension liabilities are at $110 Billion and it’s clear that the State’s fiscal situation is precarious.
Questions? Give us a call at (312) 834-3001 or e-mail us Info@VCFLLC.com