How to become a Gov Accounts Receivable Specialist, work from home and earn sustantial income. Needed more than ever due to the credit problems of small business owners, this is a great opportunity for stay at home moms, or recetly retireid individuals.
What is a Gov. AR Specialist?
Business owners who do business with the U.S. Government, State or City, generate what is called government receivables. These are the invoices which government contractors give to government agencies for payment.
An Accounts Receivable Specialist is a person who matches government contractors with lenders who provide eliminate the need for gov contractors to wait 30 to 60 days to be paid.
What is the Need for Gov. AR Specialist?
The need for serious Gov. AR Specialist is always high. It is a commission only position unless you can convenience an Accounts Receivable Lender to pay you on a salary. Most AR Specialist or Accounts Receivable Brokers don't want a salary position, and with good reason. The commission-able income form this particular type of work is so high, that it's not likely that you'll want a salaried position after you learn the industry, .
To get an idea of the opportunities available do your research on how many small to medium size businesses do business with the U.G. Gov, the State, City and County where you live.
Then take a look at how many government contracts become available on government sites such as fbo dot gov Almost all government contracts are posted on fbo dot gov. This will give you an idea of how many contracts are available. On any given day there are over 25,000 government contracts up for bid. On any given day thousands of contracts are awarded to small businesses all across America. This isn't counting the contracts which are available with the state you live in, or the city or county which you live.
The U.S. Government is the largest employer in the world. They hire more independent contractors than anyone else in the world. Over $1 billion in government contracts are up for bid at any given time and listed on sites such as fbo dot gov..
The need for Gov AR Specialist is high, because the need for money is always high, when it comes to small businesses and government contracts. Large businesses have the necessary cash-flow to fund their payroll regardless if their government invoices have been paid or not. Small business owners don't always have this luxury.
It may seem like 30 days is a short period to wait for payment, but when payroll is in two weeks, 30 days away can seem like a life-time. Small business often times need factoring or accounts receivable funding. Congress put a law on the books which makes it not only legal, but acceptable for gov contractors to render their Invoices to Lenders in return for immediate working-capital.
Finding Lenders to Work With
There are a large number of Accounts Receivable Lenders who work with corporate accounts receivable invoices, or invoice lines of credit. The determining factor to determine if weather funding will take place is based on the credit of the company who is required to pay the invoices. Not all companies qualify for funding. That is one reason gov accounts receivables is a better choice. There are not a lot of companies who do federal gov factoring, but those who do, rarely if ever turn down a deal because of credit.
To find lenders, put in the keywords: "accounts receivable lenders" into the search engines. Most lenders will have a link on the home page for "Brokers" You can download the Broker agreements and start referring clients.
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