Vendor Capital Finance LLC is a certified Minority Business Enterprise in the State of Illinois, specializing in purchasing late and unpaid invoices from vendors. With over $800 million of purchased invoices since 2016, they provide crucial financing for vendors and ensure the delivery of goods and services to the State and its citizens.
Through their participation in the Vendor Payment Program (VPP), Vendor Capital Finance buys invoices at 100% of their value, paying vendors 90% upfront and the remaining 10% in two installments as the State of Illinois reimburses them. Vendors can benefit from this program by receiving prompt payments, restoring their cash-flow, and continuing to do business with the State of Illinois.
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