Rates as low as 0.75% and financing in as little as 24 hours. Apply Now To Get Approved!

Flexible Funding and Financing for Staffing Companies

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Reliable Financing Solutions for Your Staffing Agency

Staffing agencies have a business model that is slightly different from most companies. A staffing agency has to market its services, pay for advertisements to find clients, and then have enough cash to cover payroll. A staffing agency sometimes has to wait weeks or months to see a payment for their client, as the employee has to work and submit a timecard before the client will receive a bill. This is where payroll factoring can help.

Payroll factoring is a way for staffing companies to get their invoices converted into immediate capital. Sometimes known as staffing factoring, this option allows companies to get an advance on their invoice values immediately.

At Porter Capital, we offer some of the most competitive advance rates at around 85% to 95% of your invoice. We’re capable of offering invoice factoring for staffing companies up to $25 million per month with low requirements and an incredibly fast and easy application process.

If you’re looking to make payroll and sitting on a stack of unpaid invoices, we can help. With a fast turnaround and a number of staffing company financing options available, Porter Capital can help turn your pending invoices into rapid cash flow with payroll factoring sooner rather than later.

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Explore our range of alternative financing solutions. Discover how we can support your business objectives and facilitate growth. Find Out More.

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Past Staffing Funding Service Deals

Staffing companies of any kind are excellent candidates for staff invoice factoring services. At Porter Capital, we’ve provided payroll funding for small businesses and large enterprises throughout the staffing industry. Whether you’re just getting started or operate a well-established staffing agency, we are happy to help you find solutions for long-term factoring. Check out some of the deals we’ve funded for the staffing industry below.

$750K Funded to a General Staffing Agency

$100K Funded to a Nurse Staffing Firm

$1M Funded to a Managerial Staffing Agency

$750K Funded to a Janitorial Staffing Firm

$500K Funded to a Cleaning Staffing Agency

$750K Funded to a Healthcare Staffing Agency

$475K Funded to a Skilled Labor Staffing Agency

$50K Funded to a Healthcare Staffing Agency

$200K Funded to a Medical Staffing Firm

$200K Funded to a Technology Staffing Agency

$200K Funded to a Temporary Staffing Company

$50K Funded to a Nurse Staffing Firm

$10K Funded to a General Staffing Agency

What Is Staffing Factoring?

Factoring for staffing agencies is an opportunity to turn outstanding invoices into cash when you need it. By factoring your accounts receivable, you are essentially selling your invoices at a discount to your factoring partner — in exchange, you can have more direct control over when you get paid and how you apply that on-demand capital. Your customer then pays the invoice to the factoring company instead of your business.

We work with staffing agencies across a number of industries all over the United States to provide payroll factoring services. Our quick application process and highly competitive rates make us an excellent payroll factoring partner for companies interested in a more flexible financing option than traditional business loans. Get your employees paid on time, even if customers are dragging their feet.