Invoice Factoring Vs Payroll Funding
Invoice Factoring And Payroll Funding Solutions (up to $35 million)
What is the difference between invoice factoring and payroll funding? The terms payroll funding, invoice factoring, and staffing factoring are all terms related to accounts receivable factoring for staffing. Payroll funding is the most common term because the funding is typically to cover payroll, which is based on the billings/invoices and associated accounts receivables of the staffing agency.
Our invoice factoring/payroll funding facility offers many advantages to temporary and contract placement staffing agencies, which are tailored specifically for staffing and with advantages that only a factor that specializes in staffing can offer.
ADVANTAGES:
- Meet payroll every time
- Simple application to the funding process
- Monthly advances from $10,000 to $35 million
- Competitive rates and flexible terms
- High advances on invoices
- No application fees
- No early termination penalties
- No contracts
- Non-recourse option
- Blind billing option
- Short-term or open-term facilities
- We specialize in Vendor Management Systems (VMS Systems)
- High Advances on eligible accounts receivables
- Ledgered credit lines and full factoring lines
- Startups to well-seasoned agencies
- Free invoicing and 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
We are confident that after you speak with one of our staffing funding officers, you will agree that our invoice factoring/payroll funding program will be the right fit for your staffing agency.
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