Staffing Agency Business Funding
The staffing agencies industry is always evolving as it adds new technologies and features to stay up to date with customer requirements. However, no matter how advanced these new features become, those in the staffing industry always have to deal with weekly payrolls, sales, advertising and marketing, administrative and other overhead costs, not to mention executive compensation. Since some customers can take up to a month or two to pay their invoices, it’s important to have access to the types of business funding that can assist in such matters, which will help improve your cash flow.
What’s the initial approach?
When cash flow becomes a challenge, going to the bank is one of the first things an owner of a staffing company will think to do. Trying to find a bank that has business funding options for the staffing industry can be extremely time consuming, potentially causing you to fall behind on running your staffing company. In addition to banks, there are other direct lenders that offer business funding to the staffing industry, but unfortunately not all lenders will offer you the best interest rates or customer service. Each lender structures their rates differently, so it might be very difficult to figure out which is the best business funding option for your staffing company. You would need to spend a lot of time browsing various lender websites and spend weeks in discussions, along with countless email correspondence with a variety of lenders, in order to get the best rate.
Is there an alternative solution?
Yes! Instead of going to every lender yourself, you have access to lenders who will compete for your business. Your FundingTree is a business funding company designed specifically to help you find the right staffing agencies lender, so that you don’t have to do all that legwork.
All you have to do is apply for a business funding loan with us here at Your FundingTree. You have the option to specify that you are in the staffing industry and provide other relevant business information that helps make it easier for lenders to offer you a customized package specifically for your staffing company. The application process only takes a couple of minutes and there’s no obligation – just submit your business funding request, and that’s it! Your FundingTree has its own national network of approved lenders, most of which cater to the staffing industry.
Once your application is submitted and reviewed by one of our expert financial advisors, you can expect to receive up to five offers from lenders who serve the staffing agency industry. Your financial advisor can help you compare the business funding offers you receive so that you can decide which one works best for your staffing company. After you choose your desired business funding lender and your staffing company has been approved for financing, you could potentially begin funding with your new lender within the next business day.
Why is Your FundingTree better?
It’s a lot easier to fill out an obligation-free online form than it is to visit countless banks and lender’s offices in an attempt to shop around for the best business funding option that meets your staffing company’s financing needs. Your FundingTree streamlines the process, making comparisons convenient and hassle-free, as it does all the legwork for you.
If you work in the staffing industry and you find it hard to evolve and grow your business, a good business funding system is what you really need. By partnering with Your FundingTree, you will gain access to lenders who offer the staffing industry the best rates and customer service. Fill out an obligation-free application today to see the possibilities for your staffing company!