staffing startup

Flexible and competitive invoice factoring and payroll funding for temp staffing startups

payroll funding for staffing startups

1 (800) 317-4933

Our staffing factoring and payroll funding product with all the bells and whistles are as much available to startup staffing agencies as the large well-seasoned temporary placement staffing company. Our experienced team of staffing funding professionals specializes in funding options for staffing startups.  Below you will find a list of options that are available to startup temp staffing agencies.

SIMPLE FUNDING PROCESS

  • Complete the simple application process (via email)
  • Get approved (Documents are then signed)
  • You submit invoices (Invoices are verified)
  • Funds are deposited into your bank account

OTHER ADVANTAGES

  • Meet payroll everytime
  • Simple application to funding process
  • Competitive rates and flexible terms
  • High advances on invoices
  • No application fees
  • No early termination penalties​
  • No contracts
  • Non-recourse option
  • Blind billing option
  • Short-term or open term facilities
  • We specialize in Vendor Management Systems (VMS Systems)
  • Ledgered credit lines and full factoring lines
  • Startups to well-seasoned agencies
  • Free invoicing and collections services
  • Free credit reports
  • Online account access
  • Account Executive services
  • Easy upload from QuickBooks
  • Deal directly with decision makers
  • Full Backroom services including payroll, benefits, taxes, and compliance
  • Very likely we'll be able to beat any other offer you might be considering
  • Plus other benefits

RECEIVABLES LINE OF CREDIT

Our receivables line of credit option is called a ledgered line of credit, which offers many of the advantages of a traditional bank line of credit except for the restrictions that can hinder a company's growth should a financial covenant is not met during a review of the latest financials or an audit. A ledgered line of credit has no such restrictions.

A ledgered line is ideal for companies that are considering a traditional line of credit or are presently with an asset based lending or bank line and would like to get away from the strict requirements but maintain the features of a traditional line and competitive pricing. And unlike a traditional line of credit, there are no audits or restrictive covenants with respect to ratios, concentration, etc.

HERE ARE THE OBVIOUS ADVANTAGES OF A LEDGERED LINE OF CREDIT

  • No audit requirements
  • No restrictive financial requirements
  • No restrictive covenants
  • No financial ratio requirements
  • No concentration restrictions
  • No long application to funding process
  • Plus other benefits

For more information about our invoice factoring or receivables line of credit, please submit this SHORT FORM. The affiliate office that handles your area will contact you shortly.



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