Staffing Agency Funding FAQs
Have more questions? Check out our general invoice factoring FAQ page
Q: Will my staffing agency have to put up assets in order to factor?
A: Unlike banks, factoring companies look at your agency’s potential, not assets. You will never have to put anything up as collateral or have your credit checked. Pretty great, right?
Q: How can my staffing firm use the money from factoring?
A: Any staffing business expense you need. Whether it be payroll, recruitment or office rent, factoring companies will provide you with the funds to make payments on time.
Q: What is full-service payroll factoring?
A: Full-service payroll factoring offers additional support for staffing firms. It includes back office services such as payroll processing, timekeeping assistance, tax preparation and invoicing.