Also known as invoice factoring, invoice financing or A/R funding, payroll funding allows you to sell your accounts receivable for cash to meet payroll for 1099 employees, independent contractors, and other talent staff. Payroll financing is designed to help your staffing company make payroll before you are paid by your customers.
Leverage your outstanding client invoices to access immediate working capital, eliminating the wait for payment to meet your payroll obligations.
Once your client settles the invoice, the remaining balance is released to you,
minus a nominal fee, ensuring a seamless cash flow cycle.
Receive up to 90% of your invoice value upfront, providing the necessary funds to cover payroll and operations expenses without delay.
Our payroll funding solution is not a loan; it’s a sale of receivables, allowing you to access funds without incurring new debt or affecting your credit.
Maintain consistent cash flow to ensure timely payroll, even when client payments are delayed, keeping your operations running smoothly.
Benefit from advance rates up to 90%, providing substantial upfront capital to support your staffing operations.
With immediate access to funds, you can take on new clients and opportunities without the financial strain of waiting for invoice payments.
Our streamlined process ensures immediate access to funds upon schedule submission, enabling you to meet payroll promptly.
Since payroll funding isn’t a loan, you avoid adding liabilities to your balance sheet, preserving your financial health and borrowing capacity.
Ensure your employees are paid on time, maintaining morale and trust, which are critical for staffing success.
Our funding scales with your business needs, offering the flexibility to manage varying payroll demands, without rigid loan structures.
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