Can a startup hold out on contract work?

Hey guys, my startup Kickadvisor are running out of funds and we're wondering how to go forward.

Heres the product : http://www.kickadvisor.com

We're thinking of taking on some agency work to cover us for the next few months. Has anyone else ever successfully done this and if so how did you go about it?

We're based in London, UK.

p.s. Anyone with some development work that needs doing we're a performant team having built products with Java, Ruby and Titanium for web and mobile. We also have strong experience in Python, HTML/CSS/JS, Nodejs.