With the financial support of the District of Columbia’s Department of Small and Local Business Development (DSLBD), CFE has developed a suite of capital solutions to help the community of Washington contractors bridge the payment of expenses and the collection of its account receivables.

This new funding source of flexible capital is available to construction, government and general contractors.

DC BLOC terms:

• Uses: Bridge the payment of expenses and the collection of contractor receivables as well as provide support for the expansion of bonding capacity.
• Amount: $50,000 – $750,000
• Advance Rate: Up to 80% of eligible accounts receivable under 90 days of age
• Term: 12 months
• Collateral: Pledge of deposit account to which all contract payments will be directed and assignment of contract payments.

DC BLOC guidelines:

• Borrower must be a Small Business Enterprise (SBE), a designation by DSLBD.
• Applicants must meet CFE’s underwriting criteria.

To inquire about the application process please contact CFE directly at partnerships@cfenterprises.org or via phone at (202) 745-4490.

Learn more about CFE’s other lending programs here.