If you're looking for a staffing program that includes funding and support services, we believe our program for temporary staffing agencies would be a good fit for your company.
- Receivables Factoring
- Payroll Funding - Management and Invoicing
- Receivables Funding and Full Back Office
In our years of working closely with staffing businesses, we have developed a suite of services tailored to the needs of the staffing industry, and we can give you a choice of the level of service you require. All our services include free online access and reporting.
RECEIVABLES FUNDING
We can advance up to 92%-95% (higher on a case-by-case basis) of the value of your receivables within 24 hours and upon
collection provide the remaining balance less our fees. The benefits of this service are:
- Injection of cash to fund growth, develop new projects, meet expenses, or restructure business
- The facility is linked to the size of your eligible receivables and growth with you
- We can fund facilities of up to $35,000,000.00 (availability as you grow)
- Our “Availability” –based facilities allow you to draw down only the funds that you need
- Be charged only for the funds you use
- Unlike payroll funding, funding is based upon the entire value of your receivables, not just payroll
- Secure your business finances on your business assets, not your personal ones
- We develop with you a receivables management service to improve days outstanding performance
PRICING – RECEIVABLES FUNDING
We are the most competitive receivables funder in the industry. We can offer two types of pricing:
A small service fee to reflect the servicing of A/Rs and a prime plus-based charge on funds used
A fixed percentage covering the service fee and the funds used
FULL BACK OFFICE
Payroll management and Invoicing
We can offer a comprehensive payroll management and invoicing service that takes much of the headaches out of running the administration of your business. This service includes:
- Payroll Services
- Web-based program
- Complete payroll preparation and processing
- Check printing at any location
- Timely tax deposits (federal, state, local)
- W2s, including magnetic film
- Direct deposit
- Worker’s Compensation
- Program Debit Card Program
- 24 Hour Turnaround
- Extensive weekly, quarterly, and year-end reporting and tax filing where appropriate
Invoicing Services
- Invoice Preparation, printing, and mailing
- Integration HR reporting
- Tracking of worker’s compensation
- Profit reporting by company, client, and employee
Additional Services
- Discounted insurance
- 401K and retirement planning advice for employees.
We hope we can be of service to you and your temp staffing agency. For more information, please submit this short form.
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