Quick Funding for Manufacturing Staffing Firms
The manufacturing industry is slated to grow faster than any other sector of the U.S. economy. If you provide essential manufacturing and warehouse employees to meet rising demands, manufacturing staffing factoring can keep your costs in check and the cash flowing.
Factoring Solutions For Industrial Staffing Firms
You can factor your staffing invoices no matter what type of manufacturing professionals you employ. Use your factored funds to place staff for:
- General laborers
- Material handlers
- Fork lift operators
- Food Processing
- And Many More!
Manufacturing Staffing Agencies Benefit from Factoring Receivables
Invoice factoring is a business-friendly financing option for manufacturing staffing firms that want to avoid adding debt to their balance sheet. In addition, companies that factor their warehouse staffing invoices can:
Receive cash within 24 hours of invoice verification
After your initial funding, the manufacturing staffing factor will deposit future funds into your account via same-day or overnight transfer (fees apply). Stop waiting weeks or months to get paid!
Establish or rebuild company credit
You can qualify for staffing factoring even if you are a startup or have a rough credit history. Factoring allows you to cover your regular expenses and pay down debt to reestablish a high credit rating.
Turn over collections efforts and credit checks to the factoring company
Keep your focus on employee training and placement, where it belongs. Our manufacturing and warehouse staffing factoring partners offer administrative support options for approving your new and current customers, and will follow up on collections once they purchase your open invoices.
Control costs with flexible factoring options
You have the freedom to factor as many of your staffing invoices as you need, whenever you need to keep your accounts in the black. Fees only begin once you’ve submitted an invoice, so you can save money by waiting until you need it most. Also, with immediate cash on hand you can take advantage of early-pay discounts and other financial incentives from your creditors – another great way to put more cash in your pocket.
Pursue larger staffing contracts
Have you passed on a great industrial staffing contract because you worried about the up-front cost to you? Factor your current staffing invoices and use the working capital to begin working with other, larger manufacturing warehouse firms.
Ready to Get Started?
Let's talk! Call 855-322-8671 to secure the funding you need today.
Beginning Manufacturing Staffing Factoring is Easy!
Factoring for manufacturing staffing is the best financing choice from the very beginning. Submit a short application, along with the following:
Articles of Incorporation
Copies of invoices you wish to factor
Current customer list and invoice aging
A staffing factoring company will set up your account in as little as 3 to 5 business days, with an advance rate of up to 90 percent of every invoice you factor! You receive the remainder of the invoice value, minus factoring fees, once the invoice is paid.
Funding for All Staffing Industries
Factoring is available for all temp staffing specialties. No matter which industries you serve, we’ll help get you funded.
- IT Staffing
- Government Staffing
- Healthcare Staffing
- Clerical Staffing
Prepare your agency for future growth today with Factor Finders’ manufacturing staffing factoring program!