Invoice factoring and payroll funding for contract placement staffing companies that are seeking a factoring company that specializes in payroll funding for temp staffing.
SIMPLE APPLICATION TO 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 every time
- Simple application to funding
- Payroll funding in the millions for your company's continued growth (availability as your agency grows)
- 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 Back office 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
Our factoring and payroll funding facility is designed to meet the specific funding requirements of temp staffing agencies.
RECEIVABLES LINE OF CREDIT
Our receivables line of credit option for staffing agencies is called a ledgered line of credit. It offers many of the advantages of a traditional bank line of credit except for the restrictions that can hinder the growth of a temp staffing agency should a financial covenant is not met during a review of the latest financials or an audit. A ledgered credit line has no such restrictions.
A ledgered line of credit is ideal for staffing agencies that need to cover payroll regularly. If you are considering a traditional line of credit or are presently with an asset-based or bank line and would like to get away from the strict requirements but maintain the features of a traditional line and competitive pricing, CONTACT US. Unlike a traditional line of credit, there are no audits or restrictive covenants concerning 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 for funding
- Plus other benefits
For more information about our invoice factoring or receivables line of credit for staffing, please submit this SHORT FORM. The affiliate office that handles your area will contact you shortly.
more information