Our business at Corporate Billing is helping you control cash flow in your business instead of the traditional way which can take up to 90 days in some cases. The process is easy and NOT a loan or long-term debt.
The staffing agencies are usually the last to be paid. However, they have the largest payroll liability to fund. We can easily fund through invoice factoring versus a bank loan or line of credit. This simple solution ensures flexibility and the control needed to manage business growth.
What is invoice factoring?
The process is simply payment based on the value of your outstanding invoices. You are paid within 24 hours instead of waiting for the traditional 30-60-90 days.
What are the advantages of invoice factoring?
The biggest one is having access to your money now. The flexibility of liquid capital allows you to plan ahead for any growth or pay for unexpected expenses that arise. It also provides peace of mind. Invoice factoring in the staffing industry eliminates the need for you to perform in-house collections.
More advantages are reasonable fees and a partner you can trust. Here at Corporate Billing, we understand what it takes for businesses of all sizes to succeed and we have solutions to fit your business.
If you would like more information on invoice factoring for the staffing industry or your staffing agency, simply contact us here at Corporate Billing at 877.584.3600 or sales@corpbill.com.