How do professional-service firms fund a gap between projects?

Project-based firms have lumpy income with dry patches between engagements; a standby facility covers payroll and overheads so a gap never forces a fire-sale of talent. Consultancies, agencies and professional firms earn in bursts, but salaries and overheads are constant. A gap between projects can turn a profitable year into a cash-flow scare.

How do professional-service firms fund a gap

2 min read

Lumpy revenueGaps between projects

Fixed overheadsWages don't pause

Standby lineSmooths the dips

The lumpy-revenue problem

Consultancies, agencies and professional firms earn in bursts, but salaries and overheads are constant. A gap between projects can turn a profitable year into a cash-flow scare.

Smooth it with a standby line

A business credit facility you draw only when needed covers wages and overheads through a quiet stretch and repays when the next engagement bills. You pay for what you use.

Protect the team

The worst response to a gap is losing skilled people you'll need next month. A facility lets you keep the team intact through the dip, which is usually far cheaper than rehiring.

What it means for you

Credicorp lends to your company, not to you personally, and takes no personal guarantee. See business loans or apply online when the numbers work.

Frequently asked questions

Should a consultancy keep a facility even when busy?

Yes. A standby line arranged in the good times is there for the inevitable quiet stretch. It costs little unused and prevents a scramble when a project ends unexpectedly.

How do I fund payroll between projects?

A working-capital facility or standby line covers wages through the gap and repays when the next engagement invoices. It keeps the team you'll need for the next project.