Factoring for Staffing Agencies
Grow Your Staffing Agency with Invoice Factoring
The biggest challenge staffing agencies face is meeting payroll weekly when it can take 30, 60 or even 90 days or more for their customers to pay them. Factoring for staffing agencies allows companies just like yours to get access to the working capital they need to meet payroll obligations and grow.
What is Factoring for Staffing Agencies?
Invoice factoring, also known as payroll funding, is a common financing solution for staffing agencies that enables them to grow. The process works by submitting your invoices to a factoring company in exchange for immediate funding.
Benefits of Factoring for Staffing Agencies
Miledas is proud to be the top funding choice for staffing agencies throughout North America. When you choose to work with us, you’ll take advantage of our many added benefits. These include:
- Same-Day Approvals
- Immediate Funding
- Low Factoring Rates for Staffing Agencies
- Free AR Specialists
- 24/7 Online Reporting
- Years of Experience
Get Started with Invoice Factoring For Your Staffing Agency in 3 Steps
Step 1: Contact Us
Contact Miledas today about our factoring services for staffing agencies. We’ll get you approved and answer any questions you may have.
Step 2: Submit Your Invoices
Once you’re quickly set up for our payroll funding services, submit your invoices to us.
Step 3; Get Immediate Funding
The day that we receive your invoices, we’ll advance you a percentage of the total directly into your bank account. You’ll have the confidence of knowing your payroll obligations will be met and the ability to take more orders. While we wait weeks, or even months, for your customer to pay the invoice, you’ll be able to focus on growing your business. Our professional AR specialists will ensure your customers pay with friendly reminders. Once they do pay, we’ll deposit the remaining amount directly into your bank account.
Miledas has provided factoring for staffing agencies across the United States and Canada. Our years of experience gives us the ability to fund you quickly and make sure your invoices are paid.
We’ve funded several types of staffing agencies including:
- General Labor
- Medical & Healthcare
- And More
Give your staffing agency the ability to take more orders with a reliable funding solution like factoring. Your growth is just a phone call away.