CASHMIGO BUSINESS FUNDING
Professional Services Funding for Projects, Payroll and Growth.
Explore professional services business funding for payroll, project costs, contractors, technology, receivables and customer payment gaps through CashMigo.
Common funding uses for professional services
- Payroll and contractor costs
- Project expenses before customer payment
- Technology, software and office equipment
- Marketing, hiring or expansion
Potential funding paths
Information to prepare
- Recent business bank statements and revenue history
- Customer contracts, invoices and an accounts receivable aging report when applicable
- A project budget showing payroll, contractor and delivery costs
Common questions
What professional services expenses may business funding support?
Depending on the program and final agreement, potential uses may include payroll, contractors, project costs, software, equipment, marketing, hiring or working capital while customers are paying invoices.
Can a professional services firm use invoice factoring?
Potentially, when the firm has eligible completed work and valid invoices owed by qualifying business or government customers. Contract terms, invoice disputes and customer credit quality may affect eligibility.
Is a line of credit useful for project based firms?
It may fit repeat short term gaps when the firm qualifies and each draw has a clear repayment source. Review access rules, payment structure, fees and renewal requirements before relying on a line.
