Financing for professional services firms
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Hire, invest in tools, and bridge client payment terms.
See my optionsAgencies, consultants and firms often have healthy revenue and slow clients. A line of credit keeps payroll steady while you wait on net 60 invoices.
If a few large clients make up most of your billing, receivables financing can unlock that cash. For new software, a hire or an office move, a term loan keeps the cost predictable.
What lenders look at in professional services
- Consistent monthly billings
- Client concentration and payment terms
- Owner credit and time in business
Funding types that fit
Questions
How do firms cover payroll during slow-paying months?
A line of credit is the standard tool, since you only pay for what you draw.
Can I borrow against client invoices?
Yes. Receivables financing advances money on invoices you have already sent.
What should I use for a planned investment?
A term loan, with one amount and a fixed schedule.
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