What is Payroll Funding?

Payroll funding is the act of selling your accounts receivable for cash up front. Also known as invoice factoring, it is a form of financing specifically designed to help staffing companies make payroll before they collect from their customers.

  • Payroll Service Provider

    Provide national, and sometimes international, Payroll Services taking custody of an employer’s payroll cash and assuming responsibility for payroll taxes and remitting net pay to employees.

  • Invoice Factoring

    Invoice Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (invoices) to a third party (called a factor) at a discount. A business will sometimes factor its receivable assets to…

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