Staffing agencies need agile cash flow to seize opportunities. Slow-paying customers or unpredictable contracts can take their toll on your bottom line and operating cash. Sometimes it even affects payroll, which can threaten the foundation of your business. First Business Bank's Accounts Receivable Financing team works with staffing companies to deploy payroll funding solutions to gain back the financial freedom to achieve your goals.
Financial Solutions for Staffing Agencies
At First Business Bank, we help staffing companies turn outstanding invoices into cash. Whether your suppliers are just slow to pay – or have strict 60, 90, or 120 net payable terms – we can help. We can leverage payroll funding to quickly restore your cash flow. No need to suffer through another sleepless night wondering how you’ll fund payroll or pay your suppliers.
HOW IT WORKS & BENEFITS YOU CAN EXPECT
Staffing companies can utilize our payroll funding and accounts receivable financing programs with:
- Extremely competitive rates
- No hidden language or fees
- Streamlined application process
- Fast turnaround on approvals
- Great service from a dedicated team of specialists
Learn how the accounts receiving financing process works by watching our video.
At First Business Bank, we’ve designed financial solutions to meet specific capital needs. Learn how our clients have benefited from Accounts Receivable Financing and Invoice Purchasing programs.