Federal National Commercial Credit is a Maryland factoring company.

Federal National Commercial Credit

Federal National Commercial Credit (FNCC) was founded in 1992 as a specialty commercial finance company with expertise in providing working capital financing for government contractors that were seeking alternatives to traditional bank financing. The company is located in Bethesda, Maryland.

While providing industry leading financing solutions for government contractors, the company has also expanded its product offering and services to include other commercial industries, such as manufacturing, staffing, service, distribution and transportation.

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 is able to customize financing solutions for their clients by utilizing an array of products including Factoring Lines, ABL Flex, Asset Based Lines of Credit, Inventory Sub-Limits, Machinery and Equipment Term Loans, and Earned but Unbilled Sub-Limits.

Industries Served:

Featured Services:

24 Hour Funding:
Yes
Collection Services:
Yes
Credit Services:
Yes
Digital Invoice Processing:
No
Online Reporting:
Yes
Non-recourse Factoring:
Yes

Terms of Service:

Application and Start-up Fees:
$750
Contract Length:
12 months
Cancellation Fee:
1 - 2% of the Line Amount
Monthly Minimum:
Typically yes
Factor All Invoices:
No
Reserve Availability:
Daily or upon request
Additional Fees:
Wire fees
Andy Osborn of Federal National Commercial Credit
Andrew Osborn
EVP, National Sales Manager
801-990-3400

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:
Salt Lake City, UT; Los Angeles, CA; Phoenix, AZ; Dallas, TX; Charlotte, NC; Birmingham, AL

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