California payroll funding

Payroll funding and invoice factoring for California based temporary and contract placement staffing agencies

payroll funding for California staffing agencies

1 (800) 317-4933

California payroll funding solutions. Our payroll funding product is designed for staffing agencies in California that are placing temporary contract workers and require a constant flow of capital to meet payroll. The west coast is serviced by our California-based affiliate with options tailored to improve cash flow and eliminate the concerns of meeting payroll on a regular basis.

SIMPLE APPLICATION TO FUNDING PROCESS

  • Complete the simple application process
  • Get approved (Documents are then signed)
  • You submit invoices (Invoices are verified)
  • Funds are deposited into your bank account

OTHER ADVANTAGES

  • Meet payroll every time
  • Simple application to funding process
  • Competitive rates and flexible terms
  • High advances on invoices
  • No application fees
  • No early termination penalties​
  • No contracts
  • Non-recourse option
  • Blind billing option
  • Short-term or open term facilities
  • We specialize in Vendor Management Systems (VMS Systems)
  • Ledgered credit lines and full factoring lines
  • Startups to well-seasoned agencies
  • Free invoicing and 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
  • Deal directly with our affiliate for California and decision makers
  • Plus other benefits

RECEIVABLES LINE OF CREDIT

Our receivables line of credit option is called a ledgered line of credit, its ideal for temp staffing agencies, it offers many of the advantages of a traditional bank line of credit except for the restrictions that can hinder a company's growth should a financial covenant is not met during a review of the latest financials or an audit. A ledgered line of credit has no such restrictions.

A ledgered line is ideal for companies that are considering a traditional line of credit or are presently with an asset based lending or bank line and would like to get away from the strict requirements but maintain the features of a traditional line and competitive pricing. And unlike a traditional line of credit, there are no audits or restrictive covenants with respect to ratios, concentration, etc.

HERE ARE THE OBVIOUS ADVANTAGES OF A LEDGERED LINE OF CREDIT

  • No audit requirements
  • No restrictive financial requirements
  • No restrictive covenants
  • No financial ratio requirements
  • No concentration restrictions
  • No long application to funding process
  • Plus other benefits

For more information, please submit this SHORT FORM. The affiliate office that handles your area will contact you shortly.



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