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Budget to Operate, Not Just to Launch: Financing Federal Contract Growth

Winning the federal contract is supposed to be the good news. Evan Henris, CEO of Parabilis, explains why it so often starts the cash crisis instead.

The Launch Budget Trap. Contractors budget to win the work and stand it up, but not to carry it until the government pays. That gap pushes the financing decision into a crisis, right when every option gets more expensive.

Evan joined Parabilis in 2018, when the McLean, VA lender had four people, and worked through underwriting, operations, and capital markets before being named CEO in early 2026. Parabilis finances growing small and mid-size…

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