Businesses that provide consultation services sell expert-level knowledge and strategic guidance to their clients in various markets. Some of the most popular consultation sectors include business management, IT, marketing, and HR. However, there are consultation services for just about any industry.
Capital for Consultation Services
The most common cost of operating a consultation services business is paying team members or chasing new opportunities. Although consultation services don’t have as much overhead as other businesses, such as manufacturing, retail sales, or real estate, the industry is highly competitive, and having cash on hand is crucial to market-offered services.
Denali Advance has designed services to meet the fluctuating financial needs of consultancy agencies, allowing them to flourish in the highly competitive market.
Invoice Factoring
Many business consultancy agencies provide services for work on delayed payment terms such as Net 30, 60, or even 90 in some cases. These delayed invoice payments can leave consultancy agencies in a pinch regarding cash flow. That’s a less-than-ideal situation when you always need to be on the move to book clients and expand the business.
Our invoice factoring is a go-between service that will pay you in advance for unpaid invoices so that you don’t need to wait out your clients’ payment terms.
Line of Credit
This flexible funding option is a pool of available capital which can be used on demand. This is a great option if you know you have upcoming expenses, but you must be ready immediately when those expenses or opportunities arise.
Small Business Loans
We feel that many businesses look for small business loans because they’re unaware of better capital borrowing options at their disposal. However, there are cases where consultancy agencies can benefit from a small business loan from Denali Advance.
These cases would be when a consultant is ready to expand into a larger service with multiple consultants on staff and possibly some sales and marketing personnel. A small business loan can help fund this type of expansion.
About Us
Denali Advance was founded by two passionate entrepreneurs, Nate Fried and Brad Brown, who have known each other since childhood. After independently leading successful lives, they came together again to form Denali Advance.
They got the idea after noticing a need for small businesses to have faster access to funds that help their businesses grow. We strive to stand apart from other providers by offering a more personalized yet analytical approach to small business capital.
