Invoice Factoring for Staffing Companies
Pay your personnel on time every Friday by selling your Accounts Receivable
Staffing agencies provide a valuable service to their communities by helping businesses find qualified personnel and helping individuals build their careers. ProBilling is proud to serve these businesses with quality Accounts Receivable Financing and provide them with ongoing funding.
One of the major challenges many staffing companies face is that their business clients pay their invoices on Net 30 terms, but the agency pays the temporary staff every Friday. So having access to sufficient funding is essential to keep these staffing agencies thriving.
ProBilling will purchase, or “factor”, your staffing agency’s invoices and provide you with a high cash advance by the next business day. So you don’t have to wait 30 days or more for your clients to pay their bills. We provide next-day funding and many other Accounts Receivable duties as well as private label service all for one very affordable rate.
The Benefits Of Invoice Factoring For Staffing Companies
Consistent cash flow isn’t the only reason staffing agencies choose to work with ProBilling. Check out some of the many benefits we provide to our clients below:
GET PAID IN 24-HOURS
You no longer have to wait for slow-paying clients to pay off their invoices. We offer next-day payouts anytime you have new invoices to submit.
DEBT-FREE FUNDING
Invoice Factoring is very different from getting a bank loan or line of credit. One of the most important distinctions is that we offer a financing option that doesn’t increase your debt.
EASY APPROVAL
ProBilling is proud to approve clients much easier and faster than most lenders will. We do everything possible to work with all credit situations.
FULL-SERVICE AR SERVICES
We do more than next-day payments. ProBilling is a full-service AR company. We handle your collections, payment processing, and more!
PRIVATE LABEL SERVICE
All of the documentation we send to your clients, including their statements, credit applications, and any other paperwork displays your business name and logo.
DEDICATED SUPPORT
As a ProBilling client, you’ll be assigned a dedicated representative to serve your finance team and customers.
Invoice Factoring vs. Bank Loan
Trying to choose between Invoice Factoring and a Bank Loan? The choice is easy:
Bank Loans
You incur debt
Approval takes weeks or months
Must have excellent credit
Usually a one-time loan
Increasing your credit line is VERY difficult
Must be in business for at least 2 years
Invoice Factoring
Debt-free financing
Approval takes days
We work with all credit situations
Ongoing funding whenever you need it
Flexible funding that grows with your business
We fund small businesses and startups
