California payroll funding
Payroll funding and invoice factoring for California based temporary and contract placement staffing agencies
1 (800) 317-4933
California payroll funding solutions. Our payroll funding product is designed for staffing agencies in California that are placing temporary contract workers and require a constant flow of capital to meet payroll. The west coast is serviced by our California-based affiliate with options tailored to improve cash flow and eliminate the concerns of meeting payroll on a regular basis.
SIMPLE APPLICATION TO FUNDING PROCESS
- Complete the simple application process
- Get approved (Documents are then signed)
- You submit invoices (Invoices are verified)
- Funds are deposited into your bank account
OTHER ADVANTAGES
- Meet payroll every time
- 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
- Deal directly with our affiliate for California and decision makers
- Plus other benefits
RECEIVABLES LINE OF CREDIT
Our receivables line of credit option is called a ledgered line of credit, its ideal for temp staffing agencies, it 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, please submit this SHORT FORM. The affiliate office that handles your area will contact you shortly.
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