Factoring for Consulting Firms
There are many types of consulting firms dealing with the financial, information technology, management, human resources, legal and/or the hotel and hospitality industries. No matter what industry they are servicing consulting firms can find themselves in a difficult situation because they often invoice their clients and wait 45-90 days for payment. This can create challenges in receiving payment in a timely manner. 45 to 90 days or more afterward which can place a large burden on companies working capital.
BusinessCash is here to help resolve these issues quickly and efficiently with our Consulting Firm Funding programs. We offer as fast as 24-hour funding with up to 92% of the invoice amount is advanced. This cash can be used for meeting payroll and other financial obligations without taking on a bank loan. We provide both accounts receivable financing and purchase order factoring programs to help your business.
Here are the top 10 consulting firms in the US:
McKinsey & Company
The Boston Consulting Group, Inc.
Bain & Company
Booz & Company
Deloitte Consulting LLP
Ernst & Young LLP
* from stormscape.com
Many of our small clients are the outsourced arm of big multinational hedge funds, banks, insurance companies, government prime contractors, and larger consulting firms. They look to us for their consulting firm’s working capital and credit protection needs.