Vendor Assistance Program, LLC Employee Directory
Financial ServicesIllinois, United States2-10 Employees
Vendor Assistance Program, LLC is a small financial services firm headquartered in Chicago, founded in 2010 in partnership with the State of Illinois to help address the state's backlog of unpaid bills. The company serves as a designated Qualified Purchaser of vendors' accounts receivable under Illinois' Vendor Payment Program, providing vendors with the full value of unpaid invoices in exchange for rights to future payments. This arrangement offers immediate cash flow relief and more predictable financing for ongoing operations. Its primary customers are state government vendors who register with VAP. Through faster payments and responsive customer service, the program helps vendors recognize revenues earlier, manage cash flow, and bid more competitively on state contracts under fair financing terms. Based in Chicago, Illinois, the firm operates within the financial services sector with a compact team.
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