1 (800) 317-4933

Payroll funding for staffing companies. Temporary and contract placement staffing agencies need to cover payroll regularly, which is why a payroll funding facility is so important to have in place.

Below are a few of the other advantages:

• Meet payroll regularly
• Hassle-free application to funding process
• 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
• 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
• 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 product is called a ledgered line of credit and like factoring, is ideal for temporary placement staffing companies to meet payroll. 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.  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 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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