Staffing factoring, or payroll funding, is an essential financial option for temporary and contract placement staffing agencies to have in place.
This financing solution allows staffing agencies to manage their cash flow effectively by providing immediate access to funds for payroll and other operational expenses.
What is the Difference Between Staffing Factoring and Payroll Funding?
There is no difference between staffing factoring and payroll funding. In the temporary placement staffing industry, payroll funding and invoice factoring provide a temporary staffing agency with the same benefit: a consistent flow of capital to meet payroll and other expenses.
Expand Your Agency
By utilizing staffing factoring or payroll funding, temp agencies can concentrate on expanding their business without the stress of meeting payroll.
This financial flexibility enables staffing agencies to hire more talent and take on larger contracts, ultimately driving growth and enhancing their competitive edge.
Improved Cash Flow
Additionally, with improved cash flow, agencies can invest in marketing and technology to streamline their operations and better serve their clients.
Our Process is Straightforward...
- Simple Application (secure online)
- Get approved / Sign the agreement
- Submit invoices
- Invoices are processed
- You Get Paid
- It is that simple!
We are confident that after you speak with one of our staffing funding professionals, you will agree that our payroll funding program will be a good fit for your agency.
Get Started