Payroll Funding for Temporary and Contract Workers and Employees
Temporary Staffing Agencies Can Cover Payroll Regularly
Payroll funding, also known as payroll factoring, is an essential funding tool for staffing agencies that focuses on temporary and contract employee placement. Payroll factoring can alleviate the cash flow challenges of covering payroll for your contract workers and temporary employees resulting from the associated credit terms that your staffing agency may provide to its customers.
The purpose of payroll funding is to improve cash flow. Here are some of the advantages and options
- Your agency always meets the payroll
- No contracts and no application fees
- No minimums, which is great for startups
- Services for creating invoices are free
- Services for collections are free
- Credit reports are free
- Secured access to your account around the clock
- Individualized care (appointed account executive)
- Deal directly with those who make decisions
- QuickBooks (simple imports)
- Option for blind billing
- Complete back-office services, including compliance, taxes, payroll, and benefits
- Plus additional features
For more information about our payroll funding for your contract employees, please contact us here. We will call you right back.
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