Choosing the Proper Funding company for your business
Staffing factoring, also known as invoice factoring or invoice financing, payroll funding allows you to sell your accounts receivable for cash to meet payroll for 1099 employees, independent contractors, and other staff. Payroll financing is designed to help your staffing company make payroll before your customers pay you. Your business cycle has twists and turns, and your cash flow needs can increase or decrease from month to month. Like it or not, staffing is a negative cash …
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