Payroll Funding
Payroll Funding Facilities | Up to $35 million)
Payroll funding is an essential financial tool for temporary and contract placement staffing agencies and as the single most pressing expense it is important for staffing companies to work with a factoring partner that understands their business and its weekly cash flow requirements for payroll. Our payroll funding product gives peace of mind by taking away the concerns of meeting payroll every week.
Our team knows staffing and understand that staffing agencies cannot afford to have working capital tied-up in unpaid invoices sometimes with terms of up to 90 days or longer, which is why our payroll funding product is tailored specifically for staffing companies to meet their weekly payroll on a regular basis.
OUR ADVANTAGES:
- We fund your payroll
- 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 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
Meet payroll and improve your cash flow without the restrictions of a traditional payroll funding company. Once you establish the account your agency will have access to working capital in as little as 24 hours. Click to start the simple process.
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