Working Capital for Management Consulting Firms
Management consulting firms front partner and analyst time on engagements that are billed at project milestones or monthly, often with 30- to 60-day payment terms from large corporate clients. Working capital keeps the firm running between those payment cycles.
Approval in as little as 24 hours after you apply, with funds sent as soon as the next business day, so management consulting firms never wait on a bank.
Fixed daily or weekly payments sized to your sales, not a balloon due date. Large corporate clients frequently negotiate net-45 or net-60 payment terms that stretch well past when the consulting work was delivered.
Funding is a purchase of your future receivables, so you are not pledging equipment, property or personal assets. Partner, senior consultant and analyst salaries are fixed costs due every pay period regardless of when an engagement invoice clears.
One approval, draw what you need, and return for additional funding as your management consulting firms business performs. Travel and client-site expenses are often paid by the firm upfront and only reimbursed after the engagement invoice is processed.
Cover payroll and overhead while waiting on net-45 or net-60 invoices from large clients.
Pay for client-site travel and engagement expenses before they are reimbursed through the invoice.
Bring on consultants or subject-matter experts before the engagement's first invoice is paid.
Yes, qualification looks at your monthly revenue and time in business, so firms working with large clients on extended net terms can still qualify.
No, funding is based on your business's overall revenue, and once approved it can be used for any legitimate business purpose, not tied to one client contract.
Most consulting firms qualify for between $30,000 and $250,000, depending on monthly revenue and time in business, within Paz's broader $2,500 to $5,000,000 range.
Paz funds management consulting firms from $2,500 to $5,000,000. Most management consulting firms qualify for $30,000 - $250,000, based on monthly revenue and time in business rather than collateral.
A US business that has operated for at least six months with $10,000 or more in monthly revenue, your last three months of bank statements and your EIN. The application takes about five minutes, and there is no hard credit pull to get pre-qualified.
Management Consulting Firms funding, approved in as little as 24 hours