New York Payroll Funding

Payroll Funding in New York

Payroll funding companies are helping business owners in the Empire State thrive. New York is a blend of economic forces that make it the third most productive state in the country, from farms and vineyards to manufacturing plants and, of course, the financial capital of the United States. Whether you are paying factory workers or wealth planners, New York payroll funding closes the gap between the money coming in and the money going out.

Why Work with a NY Payroll Funding Company?

Regardless of your industry, it is essential to your company’s survival that you be able to disburse your payroll when your employees expect it. However, if you are waiting anywhere from 30 to 120 days for your customers to pay their invoices then meeting payroll and other expenses can be incredibly difficult.

Payroll financing through factoring turns your open receivables into immediate cash that you can use to pay your employees, purchase supplies, and invest in growing your business. The approval process is simple: submit an application along with copies of your open invoices and a current customer list, and one of our payroll factoring experts can get you started!