Whether your agency specializes in temp work or professional recruiting, you might wait weeks or months to get paid for your services. That’s a long time to wait for the funds you need when trying to run your agency. Staffing firms can use money from factoring to meet payroll, pay operating and overhead expenses, buy supplies, and keep the lights on.
Invoice factoring leverages a factoring company’s expertise that advances you a percentage of your total outstanding invoices upfront and then collects the full amount from the gov. agency on your behalf. Try FundThrough