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Vendors get relief from Vendor Payment Program

Jul 23, 2013

Before trying the Vendor Payment Program, Martin said, she tried to find someone else to buy the invoices, but they wanted “beaucoup interest.”

“It helped me keep the doors open,” Martin said of the state program. “It gave us time to regroup.”

Martin said she hasn’t had to use the program for a while, as funding from other sources has improved and the organization has taken other steps to shore up its budget.

“But the thought that I know they’re there is a relief,” Martin said. “I can sleep at night now a little better.”

By Cody Williams 04 May, 2018
VAP FOUNDER DONATES $25,000 TO WOLCOTT SCHOOL SCHOLARSHIP FUND Chicago, IL, May 4, 2018– VAP Founder, Brian Hynes, donated 25K towards the Wolcott School Scholarship Fund, a Chicago high school focused on the special needs of students with learning differences.  Wolcott School serves over 120 students as it grows to its capacity of 150, all[...] The post VAP FOUNDER DONATES $25,000 TO WOLCOTT SCHOOL SCHOLARSHIP FUND appeared first on Vendor Assistance Program, LLC.
By Cody Williams 15 Sep, 2017
Contact Sol Solis VAP FOUNDER DONATES $25,000 TO DACA STUDENTS AT BENITO JUAREZ COMMUNITY ACADEMY. Chicago, IL, September 15, 2017– VAP Founder, Brian Hynes, donated $25,000 to assist Dreamers applying for their Deferred Action for Childhood Arrivals (DACA) status. Hynes joined 25th Ward Alderman, Daniel Solis, to jointly contribute $30,000 to the Resurrection Project to[...] The post VAP FOUNDER DONATES $25,000 TO DACA STUDENTS AT BENITO JUAREZ COMMUNITY ACADEMY. appeared first on Vendor Assistance Program, LLC.
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HYNES FAMILY SCHOLARSHIP PLEDGED $600,000 TO ST. LAURENCE HIGH SCHOOL Burbank, IL, June 16, 2017– VAP Founder, Brian Hynes and his mother, Kathy Hynes, pledged $600,000 to create the Hynes Family Scholarship Fund for tuition to students attending St. Laurence High School. St. Laurence is a Catholic college preparatory high school rooted in the Essential[...] The post HYNES FAMILY SCHOLARSHIP PLEDGED $600,000 TO ST. LAURENCE HIGH SCHOOL appeared first on Vendor Assistance Program, LLC.
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“Vendors doing business with the state can turn to “qualified purchasers” for money when Illinois does not pay.” “When the state of Illinois spends money it does not have, who makes up the difference?” News-Gazette.com News-Gazette.com http://www.news-gazette.com/opinion/editorials/2016-12-01/operating-borrowed-m… The post State vendors turn to “qualified purchasers” appeared first on Vendor Assistance Program, LLC.
By vapadmin 23 Nov, 2016
“The one-of-its-kind, bill-payment program seeks to avert the nightmare scenario for a state in the worst financial shape in the country: a shutdown of essential services such as employee health insurance, a disruption of prison food supplies or mothballing of state trooper cars in need of fuel and maintenance.” Reuters Dave McKinney – Karen Pierog[...] The post “One-of-its-kind” program averts shutdown of essential services appeared first on Vendor Assistance Program, LLC.
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