Advance Partners is the leading provider of financial, operational and strategic support to independent staffing firms. We serve as a business partner with a simple mission: To Help Staffing Firms Grow. Our customizable solutions include payroll funding, back office support and a variety of strategic services. View full listing
Healthcare Staffing Agency Grows from $12 Million to $40 Million a Year with Advance
- Former Client
- Location: South Carolina, with placements nationwide
- Business Model: Temporary Staffing
- Industry Vertical: Healthcare
“We’re a company that when we say we’ll do something, we’ll do it. Advance has that same model and we could always count on them to be there when we needed them.”
–Dan F, Owner
Background: This staffing business focuses on placing travel nurses and other healthcare professionals. It is run by former travel nurses, so their knowledge and experience in the healthcare industry gives them a competitive edge.
“We were well equipped to handle ourselves business-wise, we just had several things happen all at once. We were in a desperate situation and Advance was there to help.”
Solution: One of the owners saw an ad for Advance Partners in a magazine and called immediately. The results were near instantaneous.
“Advance was so easy to talk to. We never felt like we were being cross-examined, no matter the amount needed.”
Results: The company called Advance on a Thursday and had the funding they needed by Monday. Our expertise in healthcare staffing allowed us to help the client quickly and efficiently when a traditional loan would have been impossible. We understand the specifics of healthcare staffing–from the necessary credentialing to shifting requirements to the unique and difficult billing cycles often required by hospitals—and were able to respond appropriately.
In fact, the turnaround time was so quick, our client never had to declare bankruptcy and were able to fund their growth as needed over the years.
“We never had to worry with Advance.”
While a client of Advance, the company grew from $12 million to $40 million and today is one of the top 10 businesses—private or public—in their niche.
One of the best things Dan loved about Advance, however, was the strong relationships built over the years.
“Any time we ever called for anything, they did it. We could not have survived without Advance. Over a period of time, when you have people like that, they become your friends rather than just business associates.”