non-notification factoring
Non-notification factoring for temporary and contract placement staffing agencies
Non-notification factoring for temporary and contract placement staffing agencies. The Non-Notification option for staffing companies is offered by our affiliate.
Temporary and contract staffing agencies can take advantage of all the benefits of invoice factoring and improved cash flow without having to introduce the factoring company to their customers.
It’s Fast and Flexible - This is How it Works:
- $500,000 to $10 Million
- Client's (Your) customers pay invoices to factor's lockbox in Your name
- Notifications and checks will remain in Your name
- The client (You) will do the collections, however, should there be any collection concerns/collection history problems or if You are not doing an adequate job collecting, factor will contact You to discuss these concerns and factor will have the option (with Your knowledge) to contact Your customer and assist with collections
- Eligible companies should have at least one year’s trading history, however, not necessary if management is very strong and the company has a strong customer base
The staffing non-notification factoring option offers many advantages to staffing agencies that are seeking more flexibility from their factoring company.
For more information and to see if your company qualifies for staffing non-notification factoring, please submit the online form. The representative that handles your area will contact you shortly.
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