temp staffing factoring

Invoice factoring and payroll funding for temp staffing agencies

payroll funding for temp staffing

1 (800) 317-4933

Invoice factoring and payroll funding for temporary placement staffing agencies. We (along with our sister company StaffingFactoring.com) specialize in funding solutions for temp staffing agencies which includes invoice factoring payroll funding and ledgered line of credit. These are options designed to eliminate the struggles associated with payroll. Below you will find a list of options that are essential to a temp staffing agency.

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

OTHER ADVANTAGES

  • Meet payroll everytime
  • Simple application to funding process
  • Payroll funding and factoring in the millions for your company's continued growth
  • 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
  • Plus other benefits

RECEIVABLES LINE OF CREDIT

Our receivables line of credit option is called a ledgered line of credit, which 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 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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