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Payroll Funding

Fast and Simple Funding for Payroll

Payroll funding is an alternative funding option in which a company sells its unpaid receivables in order to receive payment sooner- hours instead of months. Many staffing companies rely on payroll funding to keep their employees paid on time, every time.

Slow Paying Clients? We’ll Help You Get Paid Faster!

Funding payroll can be tough without constant cash flow. Your clients pay within 30 days, but your employees need to be paid sooner. If your business needs funding for payroll, you’ve come to the right place. Factor Finders has been delivering flexible staffing payroll funding to small businesses for decades. If your company needs financing services, we can help!

Slow paying clients, rapid growth periods, seasonal patterns and other factors can pose cash flow challenges. That’s why we offer customized financing programs designed exclusively for your business. Our funding experts can help design the perfect payroll funding solution for your niche.

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Secure the funds you need today. Complete the form or call.

What is Payroll Funding?

You might be wondering, “What is Payroll Financing?” Basically, rather than waiting for clients to pay you, companies that specialize in financing for payroll will purchase your unpaid accounts receivable and advance your company the cash–instantly. This process is also known as payroll factoring. It’s as simple as that!

How Does Payroll Funding Work?

  1. Service your customers and submit invoices to the factoring company
  2. Your business receives a cash advance of up to 90% of the amount of the invoices
  3. Use the advance to fund your staffing agency or business as you see fit
  4. Your customer submits payment to the factor
  5. Once the invoice is paid, the remaining balance is returned to you, minus a small factoring fee

Financing is available within 24 hours of submitting invoices, so you’ll always have the money for payroll and other expenses. Unlike bank lending, funding payroll with a factoring company creates zero debt. You’ll never have to worry about paying back any loans and incurring high-interest rates.

As a business owner, it’s your job to pay your employees in order to grow your business and keep it successful. Whether you have 10 or 10,000 employees, Factor Finders can provide the optimal solution to your cash flow needs.

Payroll funding can be used to pay employee wages, worker’s compensation, benefits and other payroll requirements. While you have the ability to pay employees, you can also use the extra working capital for other business expenses, take on new clients, pay vendors, or whatever else you need to do to grow your company.

The Benefits of Invoice Factoring to Fund Payroll

The benefits of using this financing method reach beyond positive cash flow.
There’s a reason that payroll financing is quickly becoming the preferred
method of funding for staffing agencies and small business owners.

No minimum volume requirements
Payroll financing is available for startups
The amount of available working capital grows with your business
High advances up to 90%
No long-term contracts
Back office support for staffing companies including payroll processing, billing, taxes, etc.

Need Help Paying Your Employees On Time?

Call us @ (216) 292-5660

What to Expect with a Payroll Funding Company

Every company is assigned a personal account manager to handle all account management duties including customer credit approvals, collections and billing so you can get back to running your staffing company.

Instead of fretting about cash flow, you can focus on growing your business. In addition, by working with a factoring company you’ll have the ability to extend longer payment terms to clients and grow your operation.

Coworkers meeting

“How do I get Approved for Payroll Funding?”

Approval is easy and less-than-perfect credit is acceptable.

If your company has been denied for bank financing, you’ll likely be approved for payroll funding. Why? Credit checks are conducted on your customers – not your company or personal credit history.

If your customers have a decent credit history, you will be approved to finance your payroll by a factoring company. This is a fast working capital option for small business payroll funding and for startups to pay employees that don’t want to take on more debt.

The following is NOT required for approval:

  • Good credit rating
  • Personal guaranties
  • Profitable operating history
  • Long operating history

Payroll Financing for Small Business and Staffing Companies

Do you own a staffing agency and need funding? Call us to learn more about our custom staffing factoring and back-office support services.

“Am I Eligible for Payroll Funding?”

Virtually all businesses can benefit from access to steady working capital.
Any company that extends credit to customers is eligible to factor accounts receivable.

Factor Finders Services:





Home Healthcare


Don’t see your industry listed? Don’t worry — we can accommodate nearly any industry.

About Factor Finders

Factor Finders is committed to helping your business access the funding it needs in order to grow. We take the time to listen to what you’re looking for and connect you with one of our many partners in the invoice factoring industry.

We’ve spent years cultivating relationships with the best funding companies out there so when you’re not sure which company is the best fit for your business, we do.

Save yourself the time and effort searching for the perfect payroll financing company for your staffing agency or business and let us do the work for you. This way, you can focus on your business and we can do what we do best.

Get Started Now

Secure the funds you need today.