There are many challenges your staffing business will face during growth, but the biggest challenge by far is to manage payroll.
When your staffing business grows, you are sending our more and more employees without any immediate payment. This means that your business will be waiting on multiple contracts to be completed before even seeing a dollar for as long as 15, 30, or even 60 days.The employees that you send out are expecting bi-weekly or monthly payment for their work, but because you won’t see cash for another few weeks, you may struggle to manage payroll.
Is there a solution to this?
The answer is yes. There are many forms of alternative financing that are targeted to help businesses like yours.
One of the most popular forms of alternative financing is staffing funding, or sometimes referred to as staffing factoring. Staffing funding is designed to help staffing businesses, como el nuestro, secure a strong source of capital to ensure that your employees are always paid on time. It is also designed to help you avoid obstacles, como:
How Staffing Funding Works
Unlike obtaining a loan from a bank’s, staffing funding gives you the money that’s already owned to your business, without incurring any additional debt towards your business.
How is this accomplished?
financiación de personal se realiza en tres pasos sencillos.
Paso 1: Venda sus facturas pendientes a una empresa de factoring
Paso 2: Obtener la aprobación en sólo un día, con un proceso de aplicación rápida
Paso 3: La empresa de factoring avanza hasta 96% en la factura con bajas tasas
Porque el empresa de factoring ha comprado sus facturas o cuentas por cobrar, que asumen el proceso de cobro para obtener sus facturas pagadas por usted. Esto elimina muchas horas de trabajo en su final, para que pueda centrarse en hacer crecer su negocio.
Beneficios de la dotación de personal Financiación
Hay muchos beneficios que vienen con la financiación de personal. Uno de los beneficios que se destaca a los propietarios de negocios es el hecho de que usted no está tomando más deuda a su nombre.
Factoring para las empresas de personal le permite obtener el dinero que ya se le debe a su empresa. This means that you will not have to deal with the burdens of financing through a bank, incluso
Ease of Collections
Another benefit of staffing factoring is the ease of collections. When you sell your invoices to the factoring company, they take on the task of collecting payments, saving you hours of work. Although a staffing factoring company is not a collections service, they take on this task as a way to get cash for your invoices – fast.
Elimination of Debt
You can also expect the elimination of additional debt to your business. Staffing factoring offers credit insurance, where the factoring company typically takes on 100% of the risk in the event that your client does not complete payment on their invoice.
As you can see, factoring is a great way for your staffing business to sustain payroll after growth. With staffing factoring, you will be able to secure a strong source of capital to ensure that your business can grow larger than ever before, while keeping your employees happy.