Factoring Companies for Staffing Agencies

Payroll funding and other staffing factoring solutions

1 (800) 955-8420

Staffing factoring companies offer a whole range of funding options to staffing agencies. For example, at StaffingFactoring our options include payroll funding, invoice factoring, ledgered lines of credit, back office services, and more. These are flexible funding solutions that can eliminate the worries and concerns of meeting payroll regularly or general operating expenses.

SOME OF OUR OUR ADVANTAGES, WE:

  • Fund your payroll regularly (No more payroll funding worries)
  • Pay your temporary workers via check, direct deposit, or payroll card
  • File and pay your company’s payroll taxes
  • Provide W-2s to your employees
  • Invoice your customers
  • Collect from your customers
  • Follow up on delinquent accounts
  • Provide certainty with one low, fixed fee
  • Prepare extensive management reports on the administrative and financial activity of your agency

OTHER PAYROLL FUNDING ADVANTAGES

  • Your agency meets payroll regularly
  • We can fund as little as $10,000 and into the millions (for your continued growth)
  • "All In Rate" that is very competitive (compare)
  • No application fees
  • Overadvances
  • E-check for payroll
  • Payroll prepaid cards
  • Government contract funding
  • Vendor instapay
  • We work with MSP and VMS Systems
  • High Advances on eligible accounts receivables
  • Ledgered lines and full factoring lines
  • Startups to well-seasoned agencies
  • Competitive rates and flexible terms
  • Free collections services
  • Free credit reports
  • Online account access
  • Account Executive services
  • Easy upload from QuickBooks
  • Deal directly with decision-makers
  • Full Backroom services including payroll, benefits, taxes, and compliance
  • Very likely we'll be able to beat any other offer you might be considering

LEDGERED LINE OF CREDIT OPTIONS AND ADVANTAGES

A ledgered credit line in many cases can be a better funding option for temporary and contract placement staffing agencies.  It offers flexibility plus an ABL pricing structure, and unlike a traditional ABL line of credit, there are no restrictions on how long the company has been in business we can consider startups.

HERE ARE SOME OF THE OTHER ADVANTAGES

  • No audit requirements
  • No restrictive financial requirements
  • No restrictive covenants
  • No financial ratio requirements
  • No concentration restrictions
  • No long application to the funding process
  • Plus other benefits
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