Industry funding
Professional Services business funding
Funding for agencies, consultancies, law and accounting firms to bridge receivables and hire.
Written and reviewed by the BFG Funds Editorial Team · Updated October 15, 2026
Why professional services businesses need flexible funding
Professional service firms bill for work already performed and often wait 30 to 90 days to be paid. Growth means hiring ahead of revenue. A line of credit or factoring can smooth the gap between work and payment.
Common challenges
- Long client payment terms
- Hiring before new contracts start paying
- Uneven project-based revenue
- Few hard assets to borrow against
Funding options that fit professional services
Business Line of Credit
Draw only what you need, when you need it. Revolving capital that refills as you repay.
$10K – $500K · As fast as 24 hours
Learn moreInvoice Factoring
Turn unpaid B2B invoices into cash now instead of waiting 30, 60 or 90 days for customers to pay.
Up to 90% of invoice value · A few days to set up, then 24–48 hours per invoice
Learn moreTerm Loan
A lump sum with fixed payments and clear terms for planned expansion or big purchases.
$50K – $2M · 2–5 business days
Learn moreSBA Loans
Government-backed financing with longer terms and lower rates for qualified businesses.
$50K – $2M · 30–60 days
Learn moreProfessional Services funding FAQ
Can a service business without equipment get funding?
Yes. Most providers base decisions on revenue, deposits and credit, not hard assets.
Tell us about your business
A few details are all we need to start. A funding specialist will look at what your business needs and come back with the options that fit — usually the same business day. There's no obligation.
- Checking your options won't affect your credit
- You talk to one specialist, not a call center
- Many decisions come within 24 to 48 hours