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Payroll funding is an essential financial tool for companies in the temp staffing industry. Our payroll funding product is tailored specifically to meet the working capital needs of our temporary placement staffing agencies (from IT staffing banking and finance, energy, medical-healthcare-nursing to transportation distribution manufacturing for wholesale staffing) and includes a whole suite of full back office and payroll management services.

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
• Back-office - PEO Services (Professional Employer Organization)
• VMS System specialists
• Funding for well-seasoned companies and startups
• Complete access to your account via our secured online portal
• Perform free credit checks on new customers 24/7
• Invoice Production and Mailing
• Invoicing and collection services included
• Complete payroll preparation and processing
• Timely tax deposits (federal, state, local)
• Direct deposit
• Extensive weekly, quarterly and year-end reporting and tax filing where appropriate
• And more...

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 on a regular basis. 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.

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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