A little discussed employment trend has occurred the past five years: skyrocketing growth of temp workers. According to some estimates, temp agencies are hiring at a rate of 10 to 1 when compared to standard full-time hires. As a result, … Continue reading
Continue ReadingStaffing Factoring Success Stories with BusinessFactors.com
From traveling nurses to security guards and oilfield maintenance workers, invoice factoring is helping new staffing agencies get their businesses up and running. The staffing agency industry, specialized sectors as well as general temporary and temp-to-long-term hiring agencies, has seen … Continue reading
Continue ReadingSmall Businesses May Turn to Factoring Receivables Due to Sequester
Unable to reach an agreed-upon deal, the U.S. federal government announced it will put into place the much discussed sequester, an widely unpopular effort to reduce debt by cutting a number of spending programs from both the defense and other … Continue reading
Continue ReadingWhy Freight is Factoring’s Top Industry.
Perhaps more than any other industry, businesses in freight, trucking and transportation heavily rely on invoice factoring to grow and sustain their business operations. In fact, the IFA’s 2017 industry survey found that over a third (36.4%) of funding comes … Continue reading
Continue ReadingCover Hiring, Recruiting and Employee Training Costs with Staffing Financing
It is an unlikely quagmire in this time of still-high unemployment and flat economic growth: businesses can’t find the skilled employees they want to hire. Many might wonder, “how can this be true with an 8 to 9% unemployment rate … Continue reading
Continue ReadingSupport Your Employment Agency’s Growth with Fast Staffing Financing
Hiring trends have changed drastically in the past five years with more and more companies turning to staffing agencies for temporary and contingency staff rather than hiring traditional full-time employees.
Continue ReadingBenefits of Transportation Factoring and Freight Factoring
The trucking and freight business isn’t for the faint of heart. As the trucking experts at GetLoaded.com blog about, the transportation and freight industry is full of challenges from the everyday low profit margins to high fuel expenses and costly … Continue reading
Continue ReadingIs Freight Factoring Right for Your Business?
Each industry has its own unique set of concerns and problem areas, and the transportation and freight sector is no different. Rising fuel costs, the high costs of trucks and related equipment, a sizable payroll and long hours are mainstay … Continue reading
Continue ReadingInvoice Factoring Can Help Solve Cash Flow Woes
We’re all familiar with the saying “an ounce of prevention is worth a pound of cure,” and though we know cerebrally it is best to try and prevent problems, it is human nature that we delay. We may ignore problems … Continue reading
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