Payroll Funding
Let us fund your payroll while you grow your business
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Fund up to 100% of accrued revenue
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Access working capital before invoicing
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Grow without worrying about payroll
What is Payroll Funding?
Most financing programs that support staffing companies are designed to fund once an invoice is created, however, this leaves up to a 30-day cashflow gap. Our payroll funding program is designed to support payroll for staffing companies before invoices are generated. By enabling companies to fund against accrued revenue they can bid on larger contracts without worrying about covering payroll.
How does Payroll Funding work?
Staffing related contracts, especially with the government, frequently only allow for one monthly invoice, billed in arrears. This is a major pain point for small businesses that process payroll on a weekly or biweekly payroll cycle. The misalignment between invoicing and payroll can make supporting ongoing contracts difficult, not to mention the challenge of starting new ones. Our unique payroll funding program is exactly what is sounds like, we fund your payroll!
How do I qualify?
Payroll funding is for staffing companies that provide services for other companies or for the government. To qualify for payroll funding, you need the following.