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Payroll funding for staffing agencies. Payroll funding is a necessary financial tool to help temporary and contract placement staffing agencies meet payroll on a regular basis and maintain a steady cash flow.

Below are a few of the other advantages:

• Meet payroll regularly
• Hassle-free application to funding process
• Protection from bad debt with our non-resource option
• Receivables line of credit option (more information below)
• Payroll funding in the millions for your company's continued growth
• Facilities tailored to fit the funding requirements of our client
• High advances on receivables
• Very competitive and attractive rates
• Flexible terms
• Complete access to your account via our secured online portal
• Perform free credit checks on new customers 24/7
• Invoicing and collection services included
• Back-office - PEO Services (Professional Employer Organization)
• VMS System specialists
• Funding for well-seasoned companies and startups
• Plus other benefits

We offer a whole range of services designed for staffing agencies:

• Payroll Funding & Management
• Invoice Production and Mailing
• Web-based program
• Complete payroll preparation and processing
• Check printing at any location
• Timely tax deposits (federal, state, local)
• W2s, including magnetic film
• Direct deposit
• Worker’s Compensation Program
• 401K and Retirement Planning Advise for Employees
• Debit Card Program
• 24 Hour Turnaround
• Extensive weekly, quarterly and year-end reporting and tax filing where appropriate 

RECEIVABLES LINE OF CREDIT

Our receivables line of credit option is called a ledgered line of credit and is ideal for a temporary and contract placement staffing agency to meet payroll regularly. It offers many of the advantages of a traditional bank line of credit without 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.

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 about our invoice factoring or receivables line of credit, please submit this SHORT FORM. The affiliate office that handles your area will contact you shortly.

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