temporary staffing factoring
Payroll Funding and Invoice Factoring for Temp Staffing Agencies
PAYROLL FUNDING | INVOICE FACTORING
Payroll funding, also known as invoice factoring, is an ideal solution for temporary placement staffing agencies that bill their customers on credit terms of 30, 60, and 90 days. Payroll funding allows the staffing agency to have ongoing cash flow to meet payroll regularly.
We have a simple process:
- Please fill out this quick form to begin
- We'll then give you a call to go over the specific payroll needs of your temp staffing agency
- The fast application comes next, which you may complete safely online in a few minutes
- We immediately begin the swift processing of the application
- Once approved, the documentation is signed
- You submit the invoices you wish to factor and the invoices are processed
- The payroll funding process begins
- Payroll funds transferred into your business's bank account via ACH
RECEIVABLES LINE OF CREDIT
We also offer a line of credit on receivables, which is ideal for staffing agencies that place temporary and contract workers. The line has many of the advantages of a traditional line of credit, except for the restrictions that can hinder a staffing company's growth.
- No long application
- No complicated forms
- No restrictive financial requirements
- No audit requirements
- No concentration restrictions
- No restrictive covenants
- No financial ratio requirements
Please contact us here to begin the process or for additional information. The affiliate office for your region will contact you shortly.
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