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 […]
Best Factoring Company For Staffing Companies
Meeting weekly payroll is often the biggest obstacle staffing companies face when growing their company. When business owners are awarded bigger contracts by their customers, the more money they will need to for payroll and operating expenses. Staffing companies face tremendous cash flow pressure when they have to pay their employees weekly, but their customers […]
Austin Staffing Companies Grow With Factoring
Invoice factoring is a popular way to finance growing staffing companies without going into debt. Staffing agencies sell their accounts receivable to the factoring company and get the cash they need to operate without having to wait for their customers to pay. American Receivable has a flexible factoring program that keeps the staffing company in […]
Dallas Staffing Companies Grow With Factoring
Invoice factoring is a popular way to finance growing staffing companies without going into debt. Staffing agencies sell their accounts receivable to the factoring company and get the cash they need to operate without having to wait for their customers to pay. American Receivable has a flexible factoring program that keeps the staffing company in […]
Hiring a Great Team
Hiring a Great Team Millennials have a big emphasis on work/life balance. They spend less time at the office and more time working by staying connected on social media. As the upcoming heads of companies, the workplace is already in an altered state. Hiring a good team is essential to any business. It is important […]
How Factoring Can Help Your Staffing Company Succeed
How Factoring Can Help Your Staffing Company Succeed Today, many companies are outsourcing a large portion of their hiring activities to staffing companies. If you are a staffing company, you know that it while you might be able to cover your basic overhead, you can also run into cash flow problems waiting for a client […]
