If your company is struggling to make payroll and needs extra funds, we can help!
If your customers have payment terms of 30, 45, 60, or even 90 days, Payroll Funding may be a necessity for paying your employees on time.
Our expert team has 30+ years of experience in providing flexible Payroll Funding solutions to a wide range of industries.
How Payroll Funding Work
Rather than waiting for your customers to pay, we will advance up to 95% of the total value of your unpaid invoices immediately, then you receive the remaining balance, minus a small fee, once the invoice is paid. By having access to same-day funding, you will always have the cash flow needed for payroll, as well as other expenses.
The process creates zero debt for your company, so you won’t have to worry about paying back loans or high interest rates.
Happy employees form the cornerstones to any successful business. Keep them happy by guaranteeing they will be paid on time.
Our Payroll Funding solution can be used to pay employee wages, worker’s compensation, benefits, and other payroll requirements. In addition to funding payroll, you can use the extra working capital to cover other business expenses, take on new clients, and growing your company.
The 5 Steps of Payroll Funding
Benefits of Payroll Funding
• Same day approval/closing in 2-5 days
• Working capital is sent within 24 hours of receiving invoice
• Deal directly with decision makers
• No maximums for monthly receivables
• No debt is added to your balance sheet
• Challenged credit is a non-issue
• Years in business is not a factor
• Assigned account team for your company
• No equity required, keep 100% ownership of your business
• Save time and money with a third party handling day-to-day accounts receivable
What you can Expect from us
You will be assigned a personal account manager who will handle collections, payment processing, and customer credit approvals, allowing you to focus on your business.
With Payroll Funding, we look at the credit history of your customer, not your company or personal credit history. Years in business is not a factor in our decision to finance, making Payroll Funding great for start-ups. Once established, you will receive same-day funding on submitted invoices. This gives you access to unlimited working capital, right when you need it.
Payroll Funding also allows you to extend longer payment terms to clients and grow your business.
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