How to Fund Your New Staffing Agency Without Relying on Traditional Loans
Numerous determined entrepreneurs, who once navigated the staffing agency landscape, are now venturing into the exciting realm of launching their own enterprises. Today, a multitude of thriving startup staffing firms adeptly oversee a workforce of over three hundred temporary employees. While the journey to establish a prosperous staffing agency presents its fair share of challenges, […]
Revolutionizing Manufacturing: Staffing Companies and Invoice Factoring Drive Success
In today’s rapidly evolving manufacturing landscape, companies are facing a unique challenge: a growing demand for their products coupled with a shortage of skilled workers. As the need for more hands on deck becomes evident, manufacturing businesses are turning to staffing companies to bridge the gap and meet their workforce requirements. In this symbiotic relationship, […]
Empowering Texas Staffing Agencies: How American Receivable Facilitates Expansion into Oklahoma in Just 3 Days
As businesses grow and opportunities emerge, so do the financial demands that come with expansion. For staffing agencies in Texas eyeing the potential of venturing into new markets, American Receivable stands as a reliable factoring partner in providing swift and seamless financing solutions. The Need for Factoring Every successful business dreams of growth and scaling […]
Maximizing Cash Flow for Staffing Companies
As a staffing company, maintaining a healthy cash flow is crucial for your success and growth. However, the nature of your business, with its constant cycle of paying employees and waiting for client payments, can present unique cash flow challenges. In this blog, we will explore effective strategies for maximizing cash flow for your staffing […]
Growing Staffing Companies Grow With Invoice Factoring
As a growing staffing company, managing cash flow can be a challenging task, especially when it comes to meeting payroll obligations and taking on new customers. Fortunately, there is a financial solution that can help alleviate these concerns and provide numerous benefits for staffing companies: invoice factoring. Reliable Cash Flow for Payroll and Taking on […]
Accounts Receivable Funding Helps Staffing Companies
When a staffing company needs funds to grow their business, they typically turn to a bank for a loan. However, not all staffing companies are able to secure a loan from a bank due to their credit history or length of time in business. This is where accounts receivable funding, also known as factoring, comes […]
Factoring for Event Staffing Companies
Event staffing companies have a unique set of challenges when it comes to factoring. In this blog post, we’ll take a closer look at what factoring is, why it’s important for event staffing companies, and some tips for getting the most out of it. First, let’s define what factoring is. Essentially, factoring is the process […]
Payroll Funding For Your Staffing Company
Staffing companies are continuing to enjoy growing demand for their services. The staffing industry suffered an 11% decline in overall revenue in 2020 as the entire economy shrunk. 2021 saw a 16% increase in revenue followed by a 4% increase for 2022. Industry experts predict continued growth for staffing companies in 2023. The forecast of […]
How Healthcare Staffing Companies Use Accounts Receivable Factoring
Healthcare staffing companies are faced with a unique set of financial challenges. They must constantly pay their employees, even when they are not receiving payment from their clients. This can create a significant cash flow gap that can be difficult to bridge without outside help. One solution that many healthcare staffing companies turn to is […]
Invoice Factoring Rescues Staffing Agency
As this year closes many staffing companies are preparing for the coming year. Staffing agencies have to constantly align the demand for their services with the changing workforce. Budgets and forecasts for the coming year should also be reviewed. Confirming that you have access to growth capital is also a top priority for 2023. Demand […]
