Working Capital for Software Consultancies
Software consultancies bill clients on project milestones or monthly statements of work while paying developer salaries every pay period, often months before a project fully closes out. Working capital smooths that timing gap so teams keep shipping.
Approval in as little as 24 hours after you apply, with funds sent as soon as the next business day, so software consultancies never wait on a bank.
Fixed daily or weekly payments sized to your sales, not a balloon due date. Statement-of-work invoices are typically paid net-30 or net-45, well after the development work is delivered.
Funding is a purchase of your future receivables, so you are not pledging equipment, property or personal assets. Senior developer and engineer salaries are among the highest fixed costs a consultancy carries and must be paid regardless of invoice timing.
One approval, draw what you need, and return for additional funding as your software consultancies business performs. A client project delay or scope pause can leave a bench of engineers paid but not yet billable.
Keep engineering teams paid while statement-of-work invoices work through the client's approval process.
Fund the gap between projects when engineers are staffed but the next statement of work has not started billing.
Fund the ramp-up of a new service line or technology practice before it starts generating billable work.
Yes, qualification is based primarily on time in business and monthly revenue, six months and $10,000 or more respectively, rather than requiring years of invoice history.
No, it is a purchase of your future receivables rather than a traditional loan, with no collateral requirement tied to your contracts and repayment structured as a fixed amount rather than a loan balance.
Yes, many consultancies use working capital specifically to keep engineering staff paid during bench time between statements of work.
Paz funds software consultancies from $2,500 to $5,000,000. Most software consultancies 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.
Software Consultancies funding, approved in as little as 24 hours