High-Risk Funding For Staffing Agencies
Solutions for staffing companies that are placing temporary workers and temp employees
High risk invoice factoring and payroll funding
for temporary and contract placement staffing agencies
If your agency has been unable to secure funding because of a high-risk financial situation, we might have a solution, our invoice factoring facility can be ideal for temporary and contract placement staffing agencies struggling to secure reliable funding.
Here are some high risk situations we might be
able to fund:
- When the agency have very heavy customer concentration on their accounts receivable aging
- Staffing agency customer accounts with marginal credit
- Staffing companies with minor to moderate IRS issues, State Tax Liens, and Legal Judgments
- Prior or current challenges with other payroll funding companies
- Confusion when you are providing temporary employees in the same regional area out of one office location through multiple business entities simultaneously with similar sounding names
In such cases, we should still be able to help
and effectively factor your temporary staffing agency accounts
receivables with fair agreements, competitive pricing and decades of
proven invoice factoring and payroll funding experience.
ADVANTAGES MAY INCLUDE
- No application fees
- No early termination penalties
- No concentration restrictions
- No long application to funding process
- No contracts
- No minimums
- VMS Systems (Specialists in Vendor Management Systems)
- Free collections services
- Free credit reports
- Online account management access
- Account Executive services
- Easy upload from QuickBooks
- Dealing directly with decision makers
- Full Backroom services including payroll, benefits, taxes, and compliance