If you have a temporary staffing company, you understand the importance of maintaining a healthy cash flow for your business. One of the best ways to boost cash flow is to work with a company that offers payroll funding, which is a type of invoice factoring. Let’s look at the top 10 reasons your staffing company should consider payroll funding.
1. Cash Flow Management
Payroll funding can help staffing companies manage their cash flow and ensure they have the funds available to pay their employees on time. With payroll financing, you’ll have predictable cash flow without depending on your clients to pay your invoices on time. You’ll be able to meet all your business expenses more readily. Read more