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    6 Replies Latest reply on Jan 11, 2008 5:39 PM by capitalcg

    Growing IT Consulting/Staffing firm in need of $$$$

    itdude Newbie

      We are a 1 year old consulting firm experiencing explosive growth -- which is great, but also a problem. Basically, all of my employees have high pay rates, and I gate paid on invoices 60-75 days later. So -- each employee needs to be floated about 20-30K before I get paid. My margins are fine, and my client is Fortune 100 S&P AAA rated company, so there is virtually no credit risk. But -- I just signed a deal for 10 new consultants!!! Any idea how I can get money for payroll?