The resulting cash shortage can slow your company’s growth or make it impossible to meet day-to-day expenses. We have the experience working with companies in your industry to know that you deal with multiple pay cycles that may not coincide with customer payment of receivables. Let us keep your company running with a continuous flow of capital.Ironically, growth and success can cause staffing and recruiting companies to face cash shortages. You keep the economy running with a constant infusion of eager workers. If you have to fill a request for talent, but your last client hasn’t paid, you need immediate working capital to meet their demands. We work quickly and efficiently because we know that’s what your line of work requires. With your cash flow concerns solved, you’re free to focus on: That means your credit, financial history, and business size will not impact your ability to factor! Factoring a staffing invoice is based on your client’s credit and their ability to pay, since they’re the ones making the final payment. Dedicated customer service team that knows your accountįree yourself to focus on all the other things a busy staffing firm needs.įactoring with Viva is a smart choice for staffing agencies of all types.Specialized staffing factoring programs.Through factoring, staffing firms can easily secure the funding needed for things like payroll, payroll taxes, and office supplies without taking on debt or getting tied down in long-term commitments. Viva Capital provides fast cash to small and medium-sized staffing companies. Staffing Factoring AdvantagesĮasily secure the funding needed for payroll, payroll taxes, office supplies, and more. Take advantage of value-added services such as debtor credit checks, billing, and collection services. Ensure a consistent revenue stream and rapid payroll funding with Viva’s factoring services. Invoice factoring is an effective, flexible, and fast payroll funding option for staffing companies. Slow-paying clients put the lifeblood of your staffing firm at risk by leaving you without the working capital you need. Paying staff on time every time is essential for any business, but in the staffing industry, delayed payroll can cost you your greatest asset: talent. Whether your firm is small or you’re taking on large clients, have an occasional cash flow shortfall that might otherwise threaten critical payments like payroll, or you qualify for volume discounts, our team will work with you to create a custom solution, complete with a transparent quote and competitive rate. In addition to traditional factoring company services, Viva’s offerings for staffing firms include an experienced and dedicated team to accelerate your billing and collections process, so your operations run smoothly and assistance is always close at hand. We can affordably accelerate your cash flow through factoring for staffing companies to ensure you retain top talent and grow, all while providing the kind of white-glove service your firm and clients deserve. As a leading staffing factoring company, Viva has been supporting staffing firms for decades. Between lengthy waits for client payments and inconsistent cash flow, staffing factoring has increasingly become a critical lifeline for the industry.
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