invoice factoring for staffing companies

#INVOICE FACTORING FOR STAFFING COMPANIES FULL#
#INVOICE FACTORING FOR STAFFING COMPANIES PROFESSIONAL#

#INVOICE FACTORING FOR STAFFING COMPANIES PROFESSIONAL#

They would only do so if they appreciated our professional dealings with them and the famous Bankers Factoring light touch. Our client’s customers often refer us to their other vendors needing working capital to make them stronger financially and a better provider of services.

With our non-recourse payroll funding, credit is not an issue. In addition, Bankers Factoring just verifies they are happy with your people and services. Since large companies are borderline abusing their small vendors by taking 60-90 days to pay, they should be grateful that you have unlimited working capital based on their credit and good A/R, with zero cost to them. We were start-up business owners just like you, so we understand your pain, and your inability to get a bank line of credit, and that is one reason why we are the payroll finance company of choice for many entrepreneurs. Our number one criteria is the creditworthiness of your customers and that you will treat us fairly and honestly. If you have direct industry experience and no prior tax liens, Bankers Factoring has and will fund startups. Payroll funding was designed for startups. Gather the following factoring application additional data and complete our online factoring application. If you have solid, unencumbered B2B Accounts Receivable we can fast-track your first Payroll Funding. A cash crunch due to unforeseen circumstancesĬall Bankers Factoring ASAP.Long payment terms due to large, Fortune 1000 customers.Delayed payment from delinquent customers.Much like the initial advance, these funds are often released shortly after payment is posted and funds have cleared.

#INVOICE FACTORING FOR STAFFING COMPANIES FULL#

In 30-90 days, once your customer pays the full amount of the invoice, the remaining 10% is then paid back to you, less any agreed-upon fees. This means you can pay your employees, and grow your business with our high advance rate and financing solutions.

You can receive the advance the same day we purchase your invoices. This allows you to receive up to 90% of the invoice value that you can put toward payroll and other direct business costs. Rather than waiting anxiously for customers to pay their invoices, you receive 80-90% of net face value now by selling the invoices to an invoice factoring company like Bankers Factoring. However, at Bankers Factoring, we fund much more than just the staffing industry. We can fund any company with B2B or B2G sales on Net 30-90 day selling terms, where labor is their highest cost of doing business. Many factoring companies limit their definition of Payroll Funding to financing staffing companies. A funded payroll will ensure that you can pay your employees and taxes on time even if your clients take up to 90 days to pay your invoices. Through Bankers Factoring non-recourse invoice factoring, a payroll funding company, you can turn 30-90 day old invoices in ready cash. Payroll funding is a form of accounts receivable (A/R) financing specifically designed to help companies make payroll before they can collect on their aged A/R from their customers. And if your cash flow doesn’t line up with your expenses, this can make matters worse. Small business operating costs can be substantial. Payroll Financing for Start-Ups Can I Use Bankers Factoring for Payroll Financing?

Invoice factoring for staffing companies