Smart Financing for Staffing Companies
Staffing companies enable the businesses they serve to meet the demands of their customers, but what about the important demands of the staffing company? Payroll is the single largest expenditure for your staffing business and tight cash flow can put making payroll in serious jeopardy. Payroll funding companies are an option, but their all-or-nothing approach often means having to commit to an overly restrictive contract.
J D Factors offers flexible factoring solutions to meet your staffing service needs. Unlike payroll funding companies, you have the freedom to factor as much or as little as you want with no minimum requirements and no hidden fees. Establishing your account is easy, and you then have access to the working capital you need in as little as 24 hours, without incurring debt.
Your customers can take 30 days, 60 days, or even 90 or more days to pay, but when payroll is due weekly you can’t afford to have your working capital tied up in unpaid invoices. J D Factors offers advances up to 95% with no start-up fees, and short-term and open terms are available. You get the exact boost in cash flow you need without the restrictions of traditional payroll funding companies.