Invoice Factoring For Staffing
Invoice Factoring For Staffing | Responsive and Flexible Payroll Funding
Invoice factoring and payroll funding for staffing agencies that are focusing on temporary placements and contract workers. Readily available cash is king for staffing agencies, specifically when it's time to meet payroll.
We focus on funding the larger agencies, those agencies requiring funding ranging from $1 million to over $35 million a month. Click for below $1 million.
Larger staffing companies need to work with a factoring partner that can meet their payroll funding demands on a large scale, however, it is becoming more and more difficult to find a factoring company that can meet those demands.
The fact is that there are not many factoring companies that can offer funding in the millions of dollars a month to a single client that is why our factoring program for the larger staffing agencies is so ideal.
You'll be working with a partner that has the financial strength and hardware to provide highly responsive service and flexible solutions that can sustain the payroll funding needs of large staffing companies on an ongoing basis.
StaffingFactoring and its affiliate offers just that to the larger agencies that are seeking a funding source that can sustain their monthly cash needs ranging from $1 million to $35 million.
On a daily basis the cash requirements of staffing companies are significant and working with the right factoring company can eliminate cash flow worries and help shift the focus to sales, growth and customer service.
Our team specializes in meeting the needs of:
- Staffing companies with annual revenues of $2 million - $400 million
- Staffing companies that are seeking funding ranging from $1 million to $35 million
- Staffing companies that would benefit from accounts receivable financing through a traditional factoring line, or a modified line with a borrowing base component
- Staffing companies that are seeking a low 90-day rate, which in our case, starts at .75% on facilities starting at $5 million
Our team works to provide custom, alternative solutions to traditional bank lending to meet the working capital needs of larger staffing agencies with facilities that are structured to improve cash flow, sustain growth, acquisitions, liquidity improvement and restructuring.
Please contact us to discuss your financing needs.