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Payroll Funding
Payroll Funding for Temp Agencies & Staffing Agencies

Payroll Funding for Staffing Agencies

Staffing agencies and Temporary employment agencies have a critical need for steady funding. With weekly payroll, business expenses, and marketing efforts, a lack of available cash is a major concern. Payroll funding with TCI Business Capital provides agencies the cash they need and use to build a successful business.

Payroll Funding Lines From $50K – $20MM

What is Payroll Funding?

Payroll funding provides instant cash flow so you’re able to manage your agency. The process works by selling your open receivables to a payroll funding company in exchange for an immediate cash advance.

Having a dependable source for payroll funding is one of the most important aspects of operating a successful temp agency. Payroll funding from TCI Business Capital gives staffing agencies the confidence of knowing payroll will be met every time. Payroll funding gives you the financial freedom to market your agency, fill orders and achieve the goals you have for your agency.payroll funding and staffing agency factoring

Cash flow is critical for staffing agencies. Customer payment terms of net-15 to net-60 or even 90 days are a burden and stressful to agency owners. With TCI Business Capital, our custom payroll funding solutions provide you the funds you need, when you need them. We eliminate the stress of waiting for customer payments, letting you focus on recruiting the best talent and building a stronger, profitable staffing agency.

Benefits of Payroll Funding with TCI Business Capital

Payroll funding for staffing agencies

Payroll funding with TCI Business Capital is much more than dependable cash flow. TCI Business Capital offers many value-added services for the benefit of staffing agency clients.

  • Customized Financing Solutions to Your Needs
  • Funding that Grows as Your Agency Grows
  • No Long-Term Contracts
  • Dedicated Relationship Managers
  • Professional A/R Management
  • Credit Analysis Services
  • Comprehensive Reporting
  • Over 20 Years of Experience

How Payroll Funding Works

Payroll financing for staffing agencies also known as invoice factoring is very straightforward. With invoice factoring, you send your open invoices to TCI Business Capital. We will fund you a high percentage of the invoice value, the day we receive your invoices. You use the money you receive for whatever needs your business has. When payment of the invoice is received by TCI Business Capital, we remit the remaining balance, less a small fee, to you.

Payroll Funding and Staffing Software Partnerships

Reliable payroll funding will power your staffing agency. Having the right staffing and recruiting software is what makes your agency grow. TCI Business Capital has partnered with Avionté, the leading staffing and recruiting software provider in the country. TCI Business Capital and Avionté share a common vision of building strong, long-term relationships and providing superior service to help companies achieve their goals.premier funding partner for Avionté

The Avionté Advantage

  • No Long-Term Contracts
  • Free Upgrades. No Hidden Costs
  • Superior Service and Support

Avionté clients and companies that use payroll funding from TCI Business Capital can take advantage of special savings on Avionté software. The bundling of Avionté software and funding from TCI Business Capital will give your agency a tremendous advantage in today’s competitive staffing market.

Payroll Funding in 3 Steps

Step 1: Contact TCI Business Capital

We will discuss your needs, answer questions, and offer a payroll financing program customized for your situation. We will provide you with a written approval for your review.

Step 2: Set Up Your Account

Once you are approved and agree on the payroll financing services, we will set up your account.

Step 3: Get Funded

As soon as your account is set up, we will begin funding you. You will now have the funds you need for payroll, operations and growing your staffing agency.

Getting Started with Payroll Funding

Since 1994, TCI Business Capital has provided payroll funding for staffing agencies across the United States. These staffing agencies are from all stages of business, and all have unique industry needs. Regardless, there is one thing they all have in common: they all have the need and desire to improve their cash flow.

Our payroll financing and staffing agency factoring programs are customized to fit your needs. Contact TCI Business Capital today to learn more about our custom payroll financing for staffing agencies.

payroll funding