Parabilis
Parabilis provides specialized working-capital lines of credit (Federal Market Credit) ranging from $50,000 to $10 million-plus to small and mid-sized U.S. federal government contractors, including 8(a) and SDVOSB set-aside primes serving DoD, civilian, and DOJ agencies.
- Company typePrivate
- Founded2013
- HeadquartersMclean, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Parabilis does
Parabilis is a specialty finance company that provides working-capital lines of credit to U.S. federal government contractors, primarily in the small to mid-sized market. Founded in 2013 and headquartered in McLean, Virginia, the company is led by CEO Evan Henris (joined 2018), President Adam Shapiro, and Co-Founder/Chairman Peter Schulte, with a management team claiming 100+ years of combined government contracting executive experience. The firm is operationally structured around a single unified product, Federal Market Credit (FMC), which it markets as 'by government contractors, for government contractors.'
The core platform is an internal credit, compliance, and risk management infrastructure purpose-built for federal contract collateral. FMC provides revolving lines of credit sized from $50,000 to $10,000,000+, against which borrowers can draw up to 90% of billed invoices, 65% of work in progress, and 30% of delivery orders. Pricing is usage-based: a fixed interest rate charged only on outstanding balances, plus an annual commitment fee calculated as a small percentage of the line ceiling, billed monthly with no hidden fees. Mobilization loans extend additional financing at contract startup. The product is supplemented by a content and community layer — a proprietary podcast ('Spilling the Tea on GovCon'), a GovCon blog, a webinar series, and in-person 'Chronicles of a GovCon CEO' events — that functions as a top-of-funnel marketing engine within the federal contracting ecosystem.
Parabilis pursues a sales-led, relationship-driven go-to-market targeting small and mid-sized federal contractors, with a particular focus on 8(a) and SDVOSB set-aside primes serving DoD, civilian, and DOJ agencies. Distribution is direct via a four-step process (pre-qualification, online application, underwriting, funding) over a 2–3 week turnaround, supported by dedicated relationship managers and a Director of Portfolio Management covering the middle-market segment. Revenue is generated primarily through interest income on outstanding credit balances, supplemented by recurring annual commitment fees and mobilization loan interest. The company has raised approximately $209 million across two disclosed funding rounds (November 2018 and September 2023) and reports more than 1000% growth in assets under management under current leadership.
Parabilis firmographics
Firmographics- Name
- Parabilis
- Legal name
- Parabilis
- Website
- https://parabilis.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Parabilis provides specialized working-capital lines of credit (Federal Market Credit) ranging from $50,000 to $10 million-plus to small and mid-sized U.S. federal government contractors, including 8(a) and SDVOSB set-aside primes serving DoD, civilian, and DOJ agencies.
- Ownership category
- akta.pro rank
Parabilis industry classification
Industry- Product category
- Government Contract Financing
- NAICS
- Nondepository Credit Intermediation (5222)
- SIC
- Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- Credit File Dispute Management & Consumer Data Remediation (FSAKAKAI)
Keywords
Where Parabilis is headquartered
LocationHeadquarters
- HQ city
- Mclean
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Parabilis business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Interest Income on Lines of Credit: Parabilis earns interest on funds outstanding against borrowed invoices, work in progress, and delivery orders. Fixed interest rate charged only on outstanding balance; when balance reaches $0, additional payments remit to borrower.
- Annual Commitment Fee: Commitment fee charged at beginning of annual agreement, calculated as small percentage of line of credit ceiling
- Mobilization Loans: Additional financing provided at beginning of contracts beyond standard line of credit
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Monthly | Federal Market Credit (FMC) Lines from $50,000 – $10,000,000+ |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels7 records
Parabilis product offering
Product offeringCore offering
Parabilis provides Federal Market Credit (FMC) lines of credit from $50,000 to $10,000,000+ that allow U.S. federal government contractors to borrow against billed invoices (up to 90%), work in progress (up to 65%), and delivery orders (up to 30%). The offering is supplemented by mobilization loans to fund contract startup costs. Pricing consists of a fixed interest rate on outstanding balances only and an annual commitment fee based on the line ceiling.
Product overview
Parabilis is a financial services company offering a single unified product—Federal Market Credit (FMC)—a specialized line of credit designed for U.S. federal government contractors in the small to mid-sized market. The FMC product enables borrowing against billed invoices (up to 90%), work in progress (up to 65%), and delivery orders (up to 30%), with credit limits ranging from $50,000 to $10,000,000+. The offering is supplemented by mobilization loans for contract startup costs, the 'Spilling the Tea on GovCon' podcast for industry education, and a Resource Library featuring webinars and guides.
Differentiator
Problem solved
Functional benefit
Brands
- Spilling the Tea on GovCon: A podcast created by Parabilis to share resources through open conversations with industry experts and leaders within government contracting. Hosted by Teresa Moon, VP of Communications and Marketing.
Products and services
- Federal Market Credit (FMC) A line-of-credit product specifically designed for U.S. federal government contractors in the small to mid-sized market, offering borrowing capacity from $50,000 to $10,000,000+. Borrowers draw against billed invoices (up to 90%), work in progress (up to 65%), and delivery orders (up to 30%), paying a fixed interest rate only on outstanding balances plus an annual commitment fee.
- Mobilization Loans Additional financing support provided at the beginning of a government contract to help contractors cover initial startup costs, offered in addition to the standard Federal Market Credit line of credit.
Quantifiable outcome
- More than 1000% growth in assets under management
- +3 more outcomes
Companies that use Parabilis
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Parabilis technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Parabilis partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- RegeneronmajorRegeneron entered a partnership with Parabilis involving a $125 million upfront deal. The partnership represents a significant transaction for Parabilis, indicating the company's ability to secure major deals with pharmaceutical and biotech companies for its financing solutions.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Parabilis competitors and assessment
Company assessmentDirect peers
- Currency Capital: Currency Capital provides financing specifically to government contractors, including lines of credit against federal receivables—closely mirroring Parabilis' Federal Market Credit product and target customer segment.
- Kapitus: Kapitus provides small business financing including lines of credit and working capital solutions. It serves similar SMB verticals and competes on flexible, asset-backed lending structures.
- Triumph Business Capital: Triumph Business Capital specializes in factoring and working capital solutions, including for government contractors. Its receivables-based lending overlaps with Parabilis' invoice-financing capabilities.
Broad incumbents
- BlueVine: BlueVine offers invoice-based lines of credit and working capital products to small businesses. While not govcon-focused, it competes for similar SMB customers with similar invoice-collateralized structures.
- Fundbox: Fundbox provides invoice and receivables-based credit lines to small businesses. It addresses similar working-capital pain points with comparable advance-rate mechanics to Parabilis' FMC product.
- Fora Financial: Fora Financial is a specialty small business lender offering working capital and lines of credit. It targets similar SMB pain points around cash flow gaps and rapid growth financing.
- BFS Capital: BFS Capital provides small business financing including working capital lines of credit. It addresses similar SMB cash-flow and growth-financing needs using comparable recurring-revenue or receivables collateral.
- Live Oak Bank: Live Oak Bank is a leading SBA-preferred lender with a strong government contractor vertical. It provides SBA 7(a) and other financing products to small/mid-sized federal contractors—the same customer base as Parabilis.
- National Funding: National Funding provides small business loans and lines of credit to SMBs across verticals. It targets similar growth-stage customers seeking flexible working capital.
- NewLane Finance: NewLane Finance provides business lines of credit and working capital financing to small businesses. Its product mechanics—revolving credit against receivables—parallel Parabilis' FMC product structure.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Parabilis social profiles
Digital presenceParabilis financial estimates
Financial estimateRevenue estimate
Valuation estimate
Parabilis leadership team
Management profileNumber of profiles
Profiles11 records
Parabilis funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Parabilis M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Parabilis
What does Parabilis do?
Parabilis provides Federal Market Credit (FMC) lines of credit from $50,000 to $10,000,000+ that allow U.S. federal government contractors to borrow against billed invoices (up to 90%), work in progress (up to 65%), and delivery orders (up to 30%). The offering is supplemented by mobilization loans to fund contract startup costs. Pricing consists of a fixed interest rate on outstanding balances only and an annual commitment fee based on the line ceiling.
Is Parabilis a public or private company?
Parabilis is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Parabilis founded?
Parabilis was founded in 2013. It employs 11 to 50 people.
Where is Parabilis based?
Parabilis is headquartered in Mclean, United States, in the North America region.
How does Parabilis make money?
Three revenue lines are on record. Interest Income on Lines of Credit is the primary driver. The others are annual Commitment Fee and mobilization Loans.
Who are Parabilis's main competitors?
Direct peers on record are Currency Capital, Kapitus and Triumph Business Capital. Broad incumbents are BlueVine, Fundbox, Fora Financial, BFS Capital, Live Oak Bank, National Funding and NewLane Finance.
Does Parabilis have an API?
No public API is recorded for Parabilis.
What industry is Parabilis in?
Parabilis's product category is Government Contract Financing. Its primary akta.pro industry code is FSAKAKAI, Credit File Dispute Management & Consumer Data Remediation. Its NAICS code is 5222 and its SIC code is 6153.