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Home
Our Services
  • Commercial Mortgages
  • Business Loans
  • Unsecured Business Loans
  • Property Finance
  • Refinance
  • Vehicle Finance
  • Commercial Vehicle Fund
  • Horsebox Finance
  • Payroll Funding
  • Invoice Factoring
  • Plant And Tools
  • Agricultural finance
  • Manufactoring Equipment
  • Luxury Goods
  • Merchant Cash Advance
  • Contact Us
More
  • Home
  • Our Services
    • Commercial Mortgages
    • Business Loans
    • Unsecured Business Loans
    • Property Finance
    • Refinance
    • Vehicle Finance
    • Commercial Vehicle Fund
    • Horsebox Finance
    • Payroll Funding
    • Invoice Factoring
    • Plant And Tools
    • Agricultural finance
    • Manufactoring Equipment
    • Luxury Goods
    • Merchant Cash Advance
    • Contact Us

  • Home
  • Our Services
    • Commercial Mortgages
    • Business Loans
    • Unsecured Business Loans
    • Property Finance
    • Refinance
    • Vehicle Finance
    • Commercial Vehicle Fund
    • Horsebox Finance
    • Payroll Funding
    • Invoice Factoring
    • Plant And Tools
    • Agricultural finance
    • Manufactoring Equipment
    • Luxury Goods
    • Merchant Cash Advance
    • Contact Us

Timesheet & Payroll Funding

 

What is Payroll Funding?

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.

 

Unpaid Invoices as Collateral

Leverage your outstanding client invoices to access immediate working capital, eliminating the wait for payment to meet your payroll obligations.

 

Client Payment

Once your client settles the invoice, the remaining balance is released to you,
minus a nominal fee, ensuring a seamless cash flow cycle.

 

Cash Advance

Receive up to 90% of your invoice value upfront, providing the necessary funds to cover payroll and operations expenses without delay.

 

No Traditional Loans

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.

 

Cash Flow Management

Maintain consistent cash flow to ensure timely payroll, even when client payments are delayed, keeping your operations running smoothly. 

 

 

Higher Advance Rates

Benefit from advance rates up to 90%, providing substantial upfront capital to support your staffing operations.

 

Business Growth

With immediate access to funds, you can take on new clients and opportunities without the financial strain of waiting for invoice payments.

 

Obtain Funds Easily & Quickly

Our streamlined process ensures immediate access to funds upon schedule submission, enabling you to meet payroll promptly.

 

No New Debt

Since payroll funding isn’t a loan, you avoid adding liabilities to your balance sheet, preserving your financial health and borrowing capacity.

 

Timely Payroll Payments

Ensure your employees are paid on time, maintaining morale and trust, which are critical for staffing success.

 

Flexibility

Our funding scales with your business needs, offering the flexibility to manage varying payroll demands, without rigid loan structures.

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Mayfair Southern

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We are a trading name for Business Asset Finance Ltd 

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