Staffing Factoring

A Plus Factoring, Business Factoring - Staffing Factoring

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.

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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.

Our financing options help ensure that your staffing operations continue to run smoothly and efficiently, even when faced with delayed client payments.

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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

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Receive Funds
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A Plus Factoring Application

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Straightforward Pricing

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Individualized Account Representatives

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Invoicing and Collections

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Ready to Get Paid Faster?

Don’t let slow payments hold you back. Get the cash flow you need to keep your business running smoothly.

Keep Your Staffing Business Moving with Factoring

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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.

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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.

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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.

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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?
Staffing factoring, also known as payroll funding or accounts receivable financing for staffing agencies, is a financial solution that allows staffing companies to access immediate cash flow by selling their unpaid invoices to a factoring company. Instead of waiting 30, 60, or even 90 days for client payments, staffing firms receive upfront funds, typically a percentage (e.g., 80-95%) of the invoice value. The factoring company then collects payment from the staffing agency’s clients. This provides consistent cash flow for payroll, operational expenses, and business growth.

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.
The cost of staffing factoring varies depending on factors like the factoring company, the volume of invoices, and the creditworthiness of your clients. Factoring fees typically include a factoring fee (a percentage of the invoice value) and may also include processing or service fees. It’s crucial to compare factoring agreements and understand all associated costs. Factoring fees are not interest rates, but costs associated with the service provided.
Staffing agencies of all sizes, from startups to established firms, can qualify for factoring. The primary qualification criteria are the creditworthiness of the staffing agency’s clients and the quality of their invoices. Unlike traditional loans, factoring focuses on your customers’ credit, not just your company’s credit history. This makes it accessible to businesses with limited or no credit history.

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.