Staffing Factoring
Ensure Payroll is Always Covered with Fast, Reliable Funding
Running a staffing agency means ensuring employees and temporary workers get paid on time, even when clients take 30, 60, or 90 days to process invoices. Cash flow gaps can make it challenging to cover payroll, taxes, and operating costs. A+ Factoring provides fast and flexible invoice factoring so your staffing business can maintain steady operations and continue placing top talent without financial stress.
ABOUT
Staffing and Recruiting Companies We Serve
Staffing and recruiting companies across all sectors can benefit from our services. Whether you specialize in temporary staffing, direct hire placements, or executive search, we offer financing solutions tailored to support your operations and cash flow needs.
- Temporary Staffing Agencies
- Recruitment & Talent Acquisition Firms
- Healthcare Staffing Providers
- Industrial & Manufacturing Staffing Agencies
- IT & Technology Staffing Services
- Retail & Hospitality Staffing
- Executive Search & Headhunting Services
- Construction & Trades Staffing
- Legal & Professional Services Staffing
- Transportation & Logistics Staffing
Our financing options help ensure that your staffing operations continue to run smoothly and efficiently, even when faced with delayed client payments.
tailored solutions for your payroll management
Staffing companies often face delayed payments from clients while still needing to cover immediate expenses like payroll and taxes
Receive Funds
Within a Day
Competitive
Rates
Straightforward Pricing
Individualized Account Representatives
Invoicing and Collections
Online
Account Access
Submission
Process
Ready to Get Paid Faster?
Keep Your Staffing Business Moving with Factoring
Cover Payroll Obligations
Meeting payroll deadlines is critical for staffing agencies to maintain trust with employees. Factoring ensures they have the funds to pay staff on time, even if clients delay payments.
Manage Growth and Expansion
Factoring allows staffing companies to take on more clients and expand operations without worrying about cash flow shortages caused by slow-paying clients.
Reduce Administrative Burden
Many factoring companies handle invoice collections and payment tracking, allowing staffing businesses to focus on recruiting and placing employees rather than chasing payments.
Bridge Payment Gaps
Staffing companies often pay employees weekly or biweekly but may not receive payment from clients for 30 to 90 days. Factoring bridges this gap by providing immediate funds.
Frequently Asked Questions
What is Staffing Factoring and How Does it Work?
What are the Benefits of Using Staffing Factoring?
Staffing factoring offers numerous benefits, including:
- Improved Cash Flow: Immediate access to funds eliminates cash flow gaps.
- Payroll Funding: Ensures timely payroll, attracting and retaining top talent.
- Business Growth: Provides capital for expansion and new opportunities.
- Reduced Credit Risk: The factoring company assumes the risk of client non-payment.
- Simplified Operations: Frees up internal resources from collections.
- No Long Term Debt: Factoring is not a loan, so it doesn’t add debt to your balance sheet.
How Much Does Staffing Factoring Cost?
Who Qualifies for Staffing Factoring?
How Do I Choose the Right Staffing Factoring Company?
Selecting the right factoring company is essential for a successful partnership. Consider factors like:
- Experience: Look for a company with expertise in staffing industry factoring.
- Rates and Fees: Compare pricing structures and understand all costs.
- Customer Service: Choose a company with responsive and reliable support.
- Contract Terms: Review the agreement carefully and understand the terms.
- Funding Speed: Ensure the company can provide timely funding.
- Reputation: Check reviews and testimonials.