Line of credit
Ledgered line of credit for temp staffing
Line of credit
Ledgered line of credit for temporary and contract placement staffing agencies
A ledgered line of credit is a funding option designed for temporary and contract placement staffing agencies, it is secured with accounts receivables and is ideal to cover payroll and other operating expenses. It offers many of the advantages of a traditional bank line of credit without its restrictions.
ADVANTAGES NOT COMMON WITH A TRADITIONAL LINE OF CREDIT
- "All In Rate" that is very competitive
- No audit requirements
- No restrictive financial requirements
- No restrictive covenants
- No financial ratio requirements
- No concentration restrictions
- No long application
- Simple funding process
- Plus other benefits
MORE ADVANTAGES
- We file and pay your agency’s payroll taxes
- Provide W2s to your employees
- We invoice your customers
- We collect from your customers
- Free collections services
- Follow up on delinquent accounts
- Prepare extensive management reports on the administrative and financial activity of your agency
MORE ADVANTAGES
- Manage your account online
- Free credit reports on your customers
- We specialize and work with MSP and VMS Systems
- Designated account executive
- Full Back office services including payroll, benefits, taxes, and compliance
- E-check for payroll
- Payroll prepaid cards
MORE ADVANTAGES
- Easy upload from QuickBooks
- Vendor instapay
- Ledgered credit lines and full invoice factoring
- We fund government contracts
- Deal directly with the decision-makers
- Competitive rates and flexible terms
- Compare, our objective is to beat any other offer you might be considering
- And more