Do your customers pay you slowly, affecting cash flow? We can help solve that problem.
Staffing finance as a payroll funding facility can be the right solution for a temporary placement staffing agency when it has cash flow problems, which can happen when there isn't a steady stream of income.
Cash flow issues might arise for your temp staffing agency due to a variety of circumstances, including seasonal trends, rapid growth spurts, and slow-paying consumers. We provide specialized financing options for temporary placement staffing agencies. We'll take the time to learn about your needs to offer the ideal payroll finance option.
Payroll funding might be the most important expense for a temporary staffing agency. Your employees eagerly await payment, anticipating that your clients will pay within 30 to 90 days.
Many staffing agencies that hire temporary workers must have payroll funding in place.
How does payroll funding function?
- First, you go through a straightforward approval process
- We can then advance up to 95% of your total unpaid invoices
- This will immediately save you the trouble of waiting for your clients to pay
- After settling the invoice, you will receive the remaining amount...
- Less our modest processing fee
- You'll always have available funding to cover your payroll
- same-day funding
- The payroll funding facility will not cause your business to incur any debt...
- So, you won't have to worry about exorbitant interest rates or loan repayment
A satisfied staff is the foundation of any prosperous company. Make sure they are satisfied with receiving their paycheck regularly. We hope we can be of service to you and your staffing agency. To get started, please submit this short form.
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