Non-Notification Staffing Factoring and Payroll Funding

Temporary Placement Staffing Agencies | Payroll Funding

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With non-notification factoring/payroll funding, temporary placement staffing agencies can take advantage of all the benefits a factoring and payroll funding facility offers without introducing the factoring company to their clients.

Basic criteria

  • Minimum funding of $500,000
  • A minimum twelve-month contract required
  • Your customers/debtors pay invoices to factor's lockbox in Your name
  • All checks and notifications will remain in Your name
  • You (Our Client) will handle collections...
  • However, should there be any problems with collections or if you as Our Client...
  • Are not doing an adequate job with collections, the factoring company will contact you...
  • To discuss these concerns, and, the factoring company will have the option (with Your consent) to...
  • Contact your customer and assist with collections
  • Eligible agencies should have a minimum of one year’s trading history...
  • However, if management is very strong and the company has a strong customer base, exceptions can be made

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