Temporary and Contract Workers Factoring

Payroll funding for contract workers | Payroll factoring for temporary employees of temp staffing agencies

1 (800) 955-8420

Payroll funding also known as payroll factoring is an essential funding tool for staffing agencies focusing on temporary and contract employee placement. Payroll factoring for contract workers and temporary placement employees can eliminate the cash flow struggles associated with providing credit terms that your staffing agency may offer its customers. Payroll funding is designed to help improve cash flow.

OUR ADVANTAGES:

  • We fund your payroll on an ongoing basis
  • No more waiting up to 90 days or longer to be paid by your customers
  • We 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 temp agency meets payroll regularly
  • We can fund as little as $10,000 and 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
  • 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
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