Lines of credit for temp / contract placement staffing
Traditional line of credit for temporary and contract placement staffing agencies. If you are presently considering a traditional ABL line of credit for your agency, you should also take into account that a traditional line of credit may come with very restrictive conditions, which can eventually restrict the growth of your business.
We offer a very good alternative to a traditional line of credit, our option is called a Ledgered Line of Credit, it offers flexibility not found on a traditional line, although with similar pricing structure, there are also no restrictions on how long the company has to be in business, in fact, a startup may qualify.
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 to funding process
- Plus other benefits
In addition to a line of credit on your receivables, we also offer asset based lending options that include:
- Open-ended accounts receivable financing options
- Combination of a line of credit and factoring facility
- Term loans
- Equipment lease and finance
- ABL working capital facilities
For more information, please CONTACT US HERE. The office that handles your area will contact you shortly.
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