Receivables Line of Credit for Staffing Agencies
A Credit Line Without Restrictions
A line of credit can be, in some cases, the best option for temporary and contract staffing agencies to meet payroll and other operating expenses regularly.
Flexible Line of Credit
By providing quick access to funds, a flexible line of credit enables agencies to manage cash flow fluctuations and ensure that employees are paid on time, ultimately supporting the overall stability and growth of the business.
No Restrictive Covenants
The receivables line of credit resembles a traditional bank line but lacks the restrictions that could create issues if the agency's financial situation changes.
Here are some of the advantages:
- No long application
- No complicated forms
- No audit requirements
- No restrictive financial requirements
- No restrictive covenants
- No financial ratio requirements
- No concentration restrictions
- Plus other benefits
For more information about a ledgered line of credit for your staffing agency, please use this short form. We will call you right back.
get started