Consulting Company Factoring

Consulting Company Factoring Services

Regardless of the industry, cash flow is the life blood for most companies. Consulting companies are no different. They depend on a steady flow of cash from client receivables to meet overhead expenses and keep the doors open. Invoice factoring solutions from Factor Funding Company provide the alternative to costly and often difficult to obtain bank loans.

Effects of Insufficient Cash Flow

The nature of the consulting business make consulting companies prime candidates for periods in which meeting financial obligations may be difficult. Clients are usually invoiced after the services have been performed. It is common for invoices to remain unpaid for 30 to 60 days or longer. Such delays can strain a consulting company’s finances and make it difficult for them to:

Factor Funding Company works with small and medium-size companies nationwide to provide invoice factoring solutions to businesses that need to convert uncollected receivables into working capital. We provide the working capital to help your company to meet current expenses and finance long-term growth opportunities.

Advantages of Consulting Company Factoring

Because it is not a loan, consulting company invoice factoring offers several advantages to companies with outstanding invoices, including:

Consulting Company Factoring Can Help Your Business

Factor Funding Co knows the challenges faced by businesses in the consulting industry. Growth depends on a company’s ability to generate a steady flow of working capital to meet current overhead and operating expenses, while providing the money needed to take advantage of new expansion opportunities.

Slow-paying clients can cripple or destroy a consulting company. Factor Funding Co understands this which is why we offer consulting company invoice factoring solutions that turn receivables into the cash a company needs to grow without adding additional debt.

Contact Factor Funding Co to learn more about how factoring solutions can help you solve the cash flow challenges facing your business. Call us at 866-717-2274 or download our receivable factoring application form.

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