Line of Credit for Staffing
Credit Lines for Temporary Placement Staffing Agencies
Temporary and contract placement staffing agencies typically utilize a traditional line of credit. If you are currently considering a traditional ABL line of credit for your agency, you should also keep in mind that a traditional line of credit may come with very restrictive conditions, which can eventually limit your business's growth.
We present a compelling alternative to a traditional line of credit, known as a Ledgered Line of Credit. This option offers flexibility not found in traditional lines while maintaining a similar pricing structure. Furthermore, it does not impose any restrictions on the duration of the company's business operations, making a startup potentially eligible.
HERE ARE SOME ADVANTAGES OF THE LEDGERED LINE OF CREDIT
- No audit requirements
- No restrictive financial requirements
- No restrictive covenants
- No financial ratio requirements
- No concentration restrictions
- No long application or complicated forms
- Plus other benefits
For more information, please send this simple form, the office for your area will get back to you shortly.
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