Transform Business Cash Flow with Invoice Factoring Staffing
How Invoice Factoring Works for Staffing Agencies
Staffing agencies often face unique cash flow challenges due to the nature of their operations. They need to pay their employees on a weekly or bi-weekly basis, while their clients may not settle invoices for several weeks. By selling these invoices to a factoring company, staffing agencies can access the funds they need to cover payroll and other operational expenses without delay.