The biggest challenge staffing agencies face is meeting weekly payroll when it takes 15 days, 30 days, or even 60 days for customer payments. Factoring for staffing agencies gives companies access to the working capital they need to meet payroll obligations and grow.
What is Factoring for Staffing Agencies?
Invoice factoring, also known as payroll funding, is a common financing solution for staffing agencies which helps them grow. The process works by submitting your invoices to a factoring company in exchange for immediate funding.
Benefits of Factoring for Staffing Agencies
Scale Funding is proud to be the top funding choice for staffing agencies throughout North America. When you choose to work with us, you’ll take advantage of our many added benefits. These include:
- Quotes in 15 Minutes
- Immediate Funding
- Low Factoring Rates for Staffing Agencies
- Factoring lines from $30K – $7MM
- Free AR Specialists
- 24/7 Online Reporting
- More than 23 Years of Experience
How to Get Started with Invoice Factoring For Your Staffing Agency
Step 1: Contact Us
Contact Scale Funding today about our factoring services for staffing agencies. In as little as 15 minutes, we’ll provide a free, no-obligation factoring consultation and quote, as well as answer any questions you may have.
Step 2: Submit Your Invoices
Once you’re quickly set up for our payroll funding services, submit your invoices to us.
Step 3: Get Immediate Funding
The day that we receive your invoices, we’ll advance you a percentage of the total directly into your bank account. You’ll have the confidence of knowing your payroll obligations will be met and the ability to take more orders. While we wait weeks, or even months, for your customer to pay the invoice, you’ll be able to focus on growing your business. Our professional AR specialists will ensure your customers pay with friendly reminders. Once they do pay, we’ll deposit the remaining amount directly into your bank account.
Providing Factoring for Staffing Agencies Since 1994
Since 1994, Scale Funding has provided factoring for staffing agencies across the United States and Canada. Our years of experience gives us the ability to fund you quickly and make sure your invoices are paid.
We’ve funded several types of staffing agencies including:
- Administrative
- Clerical
- General Labor
- IT
- Medical & Healthcare
- And More
Give your staffing agency the ability to take more orders with a reliable funding solution like factoring. Your growth is just a phone call away.
Premier Funding Partner of Avionté
Scale Funding is proud to be the premier funding partner of Avionté. We work directly with its platform, making it easy for you to get the instant cash flow you need to grow. When you bundle Avionté and factoring with Scale Funding, you not only gain our value-added services, but we will also cover up to the entire amount of your standard Avionté user fees.
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