Federal National Commercial Credit

7315 Wisconsin Ave, Suite 600W Bethesda, MD
Federal National Commercial Credit is a Maryland factoring company.
Andy Osborn of Federal National Commercial Credit
Andrew Osborn
EVP, National Sales Manager
801-990-3400

Federal National Commercial Credit (FNCC) is a factoring company that was founded in 1992 as a specialty commercial finance company for government contractors. The company is located near Washington, D.C. in Bethesda, Maryland.

Even though FNCC specializes in government contractor factoring, they also provide factoring services for other commercial industries such as manufacturing, staffing and business services.

FNCC provides these invoice factoring benefits:

  • Government contract expertise
  • Per-diem factoring rates
  • Don't have to factor all invoices
  • 24 hour funding

Federal National customize financing solutions for their clients by utilizing an array of products including factoring lines, asset-based lines of credit, inventory sub-limits, machinery and equipment term loans, and earned but unbilled sub-limits.

Industries Served:

Featured Services:

Collection services:
Yes
Credit services:
Yes
24 hour funding:
Yes
Non-recourse factoring:
Yes
Online reporting:
Yes
Invoice software integration:
No

Terms of Service

Contract length:
12 months
Application and start-up fees:
$750
Monthly minimum:
Typically yes
Factor all invoices:
No
Reserve availability:
Daily or upon request
Cancellation fee:
1 - 2% of the Line Amount
Additional fees:
Wire fees

General Information

Year founded:
1992
No. employees:
11-50
Associations:
IFA, CFA, TMA, ACG, RMA
Address:
7315 Wisconsin Ave, Suite 600W Bethesda, MD
Other office locations:

Financial Information

Minimum credit facility ($):
100,000
Maximum credit facility ($):
7,000,000
Advance rate (%):
80-90%
Other types of financing:
Asset Based Lending, Inventory Sub-Limits, Term Loans on M&E, Earned but Unbilled Advances
7315 Wisconsin Ave, Suite 600W Bethesda, MD

Invoice Factoring Is Quick & Easy

Send your invoices to your factoring company.

Your factoring company buys your invoices and sends you 75% to 90% of the invoice amount within 24 to 48 hours.

Your factoring company collects the invoices from your customer and sends you the final payment.