Austin, TX 78730
1st Commercial Credit is a flexible lender in accounts receivable funding for small to medium sized temporary staffing agencies. There are many companies that factor invoices for cash flow, but only 1st Commercial Credit has the kind of experience and resources that you need to meet all of your payroll obligations and finance the receivables thereafter. Business owners come to us for payroll financing solutions and invoice factoring services.
There is a great distinction between Payroll Funding and Invoice Factoring. Many factoring companies do not fund payroll, they fund invoices for delivered services and there is a huge difference between the two. 1st Commercial Credit provides both funding solutions.
We can fund start-up staffing agencies with minimal sales to large fast growing temp-staffing companies. We also provide invoicing software for the staffing industry that was built for receivable based financing in mind.
$600,000 | Invoice Factoring for IT Staffing Agency w/ Bank Subordination
While many companies are easily approved for a Merchant Cash Advance (MCA) funding, it has become one of the most popular ways for many business owners to easily access cash. The challenge becomes trying to pay it off when the payments exceed the income stream. When this happens, the shortfall requires the business owner to…