Payroll Factoring for Staffing Agency is a solution
As staffing agency you are continually faced with a cash flow gap. Customers pay, on average, invoices every 30 to 45 days. Average staffing agency payroll is disbursed every week or every 15 days. Not only do you have worry about making payroll, but now you may have to turn down business opportunities because you do not have the financial resources to hire the additional staff.
The Banks do not understand that one of your largest operating expense is your payroll which in turn fuels your biggest asset your employee,and for that reason your Bank loan could be denied.
This is where we can help