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Factoring for Staffing Firms

Factoring for Staffing Firms was created to help staffing and temporary employment agencies manage their payroll expenses.  Factoring is the process of releasing cash from invoices as soon as they are issued, allowing you to put the money to work where it is needed most.

StaffingWant a quick quote? Please click here to get a great rate.

Questions? Call us at 1 (877) 876 2803 now (toll free).

How Does Factoring Benefit the Temporary staffing firm?

Your employees are your best asset - they are your business.  We all know that a paid employee is a loyal and productive employee.  However, being a staffing agency, meeting payroll sometimes presents a challenge, especially dealing with all of the different pay cycles.

Customers pay, on average, invoices every 30 to 45 days.  Average payroll is disbursed every week or every 15 days.  This can create a cash flow crunch, unless the staffing agency has a significant cash reserve available to it.
Factoring Quotes helps staffing firms improve their cash flow. Many temporary staffing companies have had to turn down business opportunities because they did not have the financial resources to hire the additional staff necessary and carry those associated costs until their clients paid their outstanding invoices. 

We are experts in factoring for staffing firms.  We understand the financial challenges of your business.  Factoring Quotes is here to help give your business the financial breathing room it needs, thereby allowing your business to grow. Our Factoring for Staffing Firms product enhances your cash flow!

Want and instant online recourse factoring quote? Please fill out this form.

For a free consultation call 1 (877) 876 2803 (toll free USA and Canada).

Staffing Industry Factoring Benefits:

  • Meeting the company’s regular payroll obligations.
  • Bringing payroll taxes to current standing.
  • Financial breathing room.
  • Factoring rates as low as 1%
  • Advances as high as 98%
  • Get funded within 24 hours.(subject to monthly volume and industry)
  • Meet obligations and grow.

Setting up factoring for your staffing business is easy:

  • Complete your service and invoice your client.
  • We provide you with the financing based on your customers invoices. 
  • We will advance you cash within 24 hours.
  • Once your client pays the invoice, the remaining balance is released. (less our small factoring fee)

GET A FACTORING QUOTE NOW

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Want a quick quote? Please click here to get a great rate.

Questions? Call us at 1 (877) 876 2803 now (toll free).

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