The biggest challenge staffing agencies face is meeting weekly payroll when it takes 15 days, 30 days, or even 60 days for customer payments. Factoring for staffing agencies gives companies access to the working capital they need to meet payroll obligations and grow.
Invoice factoring, also known as payroll funding, is a common financing solution for staffing agencies which helps them grow. The process works by submitting your invoices to a factoring company in exchange for immediate funding.
TCI Business Capital is proud to be the top funding choice for staffing agencies throughout North America. When you choose to work with us, you’ll take advantage of our many added benefits. These include:
Contact TCI Business Capital today about our factoring services for staffing agencies. In as little as 15 minutes, we’ll provide a free, no-obligation factoring consultation and quote, as well as answer any questions you may have.
Once you’re quickly set up for our payroll funding services, submit your invoices to us.
The day that we receive your invoices, we’ll advance you a percentage of the total directly into your bank account. You’ll have the confidence of knowing your payroll obligations will be met and the ability to take more orders. While we wait weeks, or even months, for your customer to pay the invoice, you’ll be able to focus on growing your business. Our professional AR specialists will ensure your customers pay with friendly reminders. Once they do pay, we’ll deposit the remaining amount directly into your bank account.
Since 1994, TCI Business Capital has provided factoring for staffing agencies across the United States and Canada. Our years of experience gives us the ability to fund you quickly and make sure your invoices are paid.
We’ve funded several types of staffing agencies including:
TCI Business Capital is proud to be the premier funding partner of Avionté. We work directly with its platform, making it easy for you to get the instant cash flow you need to grow. When you bundle Avionté and factoring with TCI Business Capital, you not only gain our value-added services, but we will also cover up to the entire amount of your standard Avionté user fees.