Re-read it. I'm proposing that Congress issue Letters of Marque and Reprisal, and provide the Financing (you provide your own private seed capital for the particulars of the missions, but Congress pays the Bounties)
Big difference between financing and bounties. I finance the squads. (Already have names in mind). Congress pays the bounty for the scrum we bring back. Got it. Congress does not put the captital out to finance it, I do. Risk I take. My guys don't do well, I eat the cost. My guys do well, Congress pays off. I can live with that. Not much different than owning a race-horse. Just cheaper.
/john