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IT CONSULTING BUISNESSES

Lending and Finance Options for IT Consulting Businesses

Financing Options for IT Consulting Businesses

Whether you are providing IT consulting services or consulting in other specialties, payroll is likely your largest expense.  You have employees or independent contractors that need to be paid regularly.  You require the funds to cover bi-weekly or bi-monthly payroll, even if you have not been paid yet by your clients.

So how can you cover this cash flow gap?  Invoice factoring is an alternative financing solution to speed up payment of your accounts receivable, improve your cash flow, and cover business expenses.

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Our Process

STEP 1

Apply

Complete form & become a Riviera client

STEP 2

Service

You deliver your products or services

STEP 3

Send

Send your invoices to Riviera Finance

STEP 4

Get Paid

Riviera verifies & pays you within 24 hours

How Invoice Factoring Works for Consulting Businesses

As a consulting business, you provide man hours of service, then invoice your clients who will generally have between 30-60 days to pay.  Invoice factoring can get you paid at the time of invoicing.  The invoice factoring company will check the credit of your client’s company before deciding if they can purchase the invoice.  Once approved, you will send your invoice to the factor, instead of your client who will advance you cash immediately after verifying the invoice.  The factoring company will then send the invoice to your client on your behalf and wait to collect payment in 30 – 60 days, according to the terms of your agreement.

Learn More About Factoring

Benefits of Invoice Factoring

Riviera Finance works with a variety of companies in the US and Canada to help them maintain cash flow and meet weekly financial demands.

Immediate Cash

Our process is built around immediate response to client needs, and the best cash turn around in the industry.

Quick Credit Checks

Receive Credit Checks on Your Customers

Low Risk

Competitive Rates and No Hidden Fees

Financial Freedom

No Debt is Created

Bad Debt Protection

Riviera takes on all the credit risk!

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Complete the form for a Free Consultation.


Recent Funding for IT Consulting Industry

Take a look at how Riviera Finance has helped an IT consulting company with invoice factoring and cash flow support.

Type of Business: IT Consulting
Factoring Line: $100,000
Location: Illinois
Factoring Facility for growing IT consulting business. Waiting 60 or more days to be paid by their business clients made it difficult to pay their employees on time. Now, with Riviera’s non-recourse invoice factoring, they can get paid immediately after services are rendered and not be concerned about clients’ ability to pay knowing that Riviera not only handles the credit review of their customers but also takes on the credit risk.
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What Our Customers Are Saying

The personnel I deal with on a regular basis at Riviera are very friendly and extremely helpful. If I call with a question or concern, they are prompt in assisting me.

Marjie EllisonDallas, TX

For financing it can't get much easier. Our company has been growing for several years and the growth rates could not have been achieved without the additional financing that Riviera has provided.

Stan ShawPhoenix, AZ

Riviera helps keep a consistent cash flow and help us manage our receivables. They also help keep us from doing business with customers whose credit level is substandard.

John SavastenBirmingham, AL

Not only am I happy that I have a steady flow of cash when I need it but I am treated very well by the people who work there.

Robert GrayPortland, OR

Riviera is the backbone of my business by me knowing I always have a little something tucked away and that I can stand on my own two feet. Not only are they there to help, but they have become friends and family.

Linda VillanuevaBaltimore, MD
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Why Wait?

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