Staffing factoring, which is also known as payroll funding, is a financial option that temporary staffing agencies need when they bill their customers on credit terms. It helps preserve a stable cash flow, allowing the agency to meet payroll regularly.
Focus on Your Core Business
This financial solution enables staffing agencies to focus on their core operations without the constant worry of cash shortages caused by unpaid invoices. By utilizing staffing factoring, agencies can guarantee timely employee payments, thereby fostering morale and productivity within their workforce.
Support the Agency's Financial Health
This, in turn, can lead to higher retention rates and a more reliable talent pool. Ultimately, staffing factoring supports the agency's financial health and contributes to a positive work environment for employees.
Growth and Stability
As agencies leverage staffing factoring, they position themselves for growth and stability, ensuring they can meet both client demands and employee needs effectively.
We have a simple process for you to get started
- First, complete this short form, and we will then contact you right away...
- To discuss your specific needs and answer your questions
- We will also explain the features, options, and benefits of our payroll funding product
- Very competitive and transparent pricing, and flexible terms
- You then complete the simple secured application (in a few minutes)
- Immediately, we review the application and the supporting paperwork
- Once approved, typically, within the hour, the agreement is signed
- You submit your invoices, invoices are processed, and funding begins
- Get started
more information