PAYROLL FUNDING
MAKE PAYROLL ON TIME, EVERY TIME
Fast, flexible payroll funding solutions that get you the most money for your staffing business.
Fast, flexible payroll funding solutions that get you the most money for your staffing business.
Paying your workforce on time by meeting payroll is critical. But when you are waiting for your clients to pay, where do you find the cash? Our payroll funding solutions can get you the cash you need to make payroll, manage operations and achieve your business goals.
Streamlined approval and setup process to get you the cash you need.
Terms designed for you.
Expertise to maximize working capital.
In depth understanding of the staffing industry.
You’re working hard to build and grow your staffing company. Navigating through economic changes, adjusting to fluctuations in labor demand, and staying on top of day-to-day operations isn’t easy. But how you manage cash flow should be.
You need a responsive payroll funding company that is also a flexible financial partner who will support your business with the working capital it needs. eCapital’s payroll funding solutions are designed to suit your staffing company’s unique challenges, with a team of industry experts behind you every step of the way.
Payroll funding solutions that quickly scale to meet demand.
Put an end to tripping covenants at the bank and secure a reliable source of payroll funding.
Get a flexible payroll funding solution without the red tape–and more freedom to run your business your way.
We’ll quickly get you set-up with the cash you need so you can focus on growing your business
Whether you’re just getting started or looking for a new financial partner to help you take your business to the next level, let’s talk. We’ll work with you to design a payroll funding solution that meets your needs and exceeds your expectations.
The fastest way to make payroll. Unlock the cash in your outstanding invoices.
Retain greater control of your finances with the flexibility of an asset-based loan.
“Big lenders go by the book, eCapital gave us out of the box solutions to support our aggressive growth curve.”
You won’t find a better payroll funding solution! eCapital is committed to helping your business grow and thrive by offering payroll funding for staffing companies that you can count on. With our faster, more flexible payroll funding solutions you will get the most money to support your business goals. See what our staffing industry experts can do for you.
Manage your money your way. With eCapital Connect, our proprietary account management software, you are in control of your finances at anytime, day or night.
Our rates are the most competitive in the industry. We know what it takes to maximize your working capital and will customize a payroll funding solution to meet your needs.
We understand that making and covering payroll is critical to your business and financial disruption is not an option. We're pros at onboarding new staffing clients and our account management team is here for you every step of the way.
We're ready and able to provide the funding your staffing business needs now and into the future. As your business grows, so does the financing available to you.
Tap into our in-depth knowledge of the staffing industry to better manage your business. Get smart, actionable advice and useful tips from staffing industry factoring company veterans.
We believe in transparency in all we do. That means no surprises when it comes to our agreements.
Send money in an instant with eCapital InstaPay.
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Easily send money to external parties with eCapital Third-Party Payments.
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Payroll funding, sometimes referred to as payroll financing is a business solution specifically designed for the staffing industry. Our payroll funding solutions include both invoice factoring and asset based lending.
Invoice factoring allows your staffing business to release cash against your outstanding customer invoices before they’ve been paid. Invoice factoring is the fastest way to free up cash to make payroll and pay your employees on time, plus cover other expenses.
An asset based loan is a secure loan based on the value of the assets within your staffing agency such as your accounts receivable.
No. With invoice factoring, you are selling an asset (your invoice) to quickly release working capital to make payroll and other business expenses.
The time it takes to set up a payroll funding solution varies and is dependent on the solution and the complexity of your business. Invoice factoring is the fastest, with set-up in days. Asset based loans involve more due diligence and generally take a few weeks.
Asset based loans are usually easier to qualify for than a bank loan or credit line as the facility is backed by your staffing business’s receivables and assets. You just need to show a track record of profitability and strong financial controls.
Costs and payment terms are dependent on the services you use and the amount of invoices we handle for you. We want to earn your business and offer extremely competitive rates for our payroll funding solutions. Business owners contact us today for a free, no-obligation quote.
Asset based lending is typically more cost-effective than a bank loan or a credit line; however, the interest rate is often not the only fee. Typical fees include maintenance fee, audit fees and up-front closing fees.