You may hear the term “invoice factoring” used alongside payroll funding. Both terms are referring to the process where a third party company (Hi, that’s us) buys your outstanding invoices and advances you cash immediately.
For staffing companies, paying your contingent workers weekly and waiting 30-90 days for payment from your clients can be a cash flow nightmare. Staffing factoring ensures you have working capital for payroll and other business expenses, allowing you room to grow.
Funding solutions for staffing firms big and small.