Payroll Funding for Temporary Staffing Agencies
Payroll Funding and Factoring for Canadian Temporary Staffing Agencies
We offer payroll funding, also known as invoice factoring, to temporary staffing agencies in Canada.
Our payroll funding is specifically tailored for staffing companies; it is non-recourse and offers advances of up to 95% or more.
This funding is often necessary when staffing agencies bill their clients on credit terms that range from 30 to 90 days. It can help ensure timely payroll and support a healthy cash flow.
Here are some benefits and advantages of our payroll funding option:
- We have a simple application process
- Advances of up to 95% (higher on a case-by-case basis)
- The risk for non-payment is on the factoring company with non-recourse factoring
- For your continued growth, we can fund into the millions
- Invoicing and collection services are free
- Credit reports on your customers are free
- No hidden costs
- No application or startup fee
- Meet payroll all the time
- Factor as much or as little as you want
- You will have a designated account executive
- State-of-the-art 24/7 account management secured portal
- We can fund startup temp staffings
- Plus more
Learn more
To learn more about how our payroll funding option can benefit your staffing agency, please fill out this brief form. A representative from the office that services your area will reach out to you shortly.
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