Invoice Factoring for Hospitality Staffing Companies

We offer payroll loan and invoice factoring services for hospitality staffing companies with no minimums and no long term contracts.

Hospitality staffing companies who factor with us enjoy having the freedom to factor when it’s in the best interest of their organization, but that’s not all. We offer factoring services with:

Fees as low as 1%
Fast funding – as little as 1 business day
High advance rates with low holdbacks
No upfront fees
No long-term contracts
No factoring minimums -you choose which invoices to factor
No add-on or hidden fees
No application or due diligence fees
Financing without taking on debt
Friendly, professional customer service

GET A FREE, NO-RISK QUOTE

Speed up cash flow to keep pace with expenses or use factoring as a payroll financing tool.

1. SUBMIT AN INQUIRY

Find out how factoring can fund your hospitality staffing agency.

2. STOP CHASING PAYMENTS

Fast funding lets you stay focused on growing your business instead of chasing customer payments.

3. GROW FASTER

Expedite cash flow for operations and payroll and grow your hospitality staffing agency faster.

Invoice Factoring – Hospitality Staffing Companies

Hospitality staffing companies commonly use invoice factoring for payroll financing or to expedite cash flow. Hospitality staffing agencies that factor invoices can free up working capital by factoring the invoice on the same day a customer invoice is generated, instead of waiting weeks (or even months) for customers to pay.

Here’s how the invoice factoring process works for hospitality staffing companies:

Day 1
	$3,500	Your agency generates a customer invoice
	$3,325	Your agency receives a 95% advance on the invoice
	$ 105	3% factoring fee (cost of financing)
30-45 Days Later (or Even Longer)
	$3,500	Customer remits payment in full and you are paid the balance of the holdback

Cash in hand, when you factor invoices instead of waiting for customers to pay, your hospitality staffing company has the money it needs to quickly meet payroll obligations, attract more customers, fill larger placement requests, and grow more quickly.

Invoice Factoring Calculator

Use the factoring calculator below to discover how much working capital you could unlock by factoring receivables instead of waiting weeks – or months – for customers to pay you.

Payroll loan and invoice factoring services for hospitality staffing companies with no minimums and no long term contracts.

How Staffing Companies Benefit from Factoring

Many of the expenses your agency incurs to fill orders require payment before you even receive payment on customer invoices:

Payroll and tax obligations
Marketing and advertising
Sales calls and visits
Recruiting ads
Pre-employment screening
Interviews – and so on

When you consider how much money will go out before customer payments start to come in, it’s easy to see why hospitality staffing companies use factoring to speed up cash flow. Factoring invoices can help your agency maintain a more consistent flow of working capital, helping you meet expenses without postponing marketing and advertising needed to keep growing.

Take the next step and request a free, no-obligation quote to find out how much working capital your company could access if you factored invoices instead of waiting on customer payments.

Payroll Factoring for Hospitality Staffing Companies

Factoring is commonly used by temporary and permanent staffing agencies who want to use invoice factoring as an accounts receivable management tool, but it is equally effective for hospitality staffing agencies that want to use staffing payroll factoring loans to finance payroll occasionally or on a regular basis.

Since payroll is usually a staffing agency’s largest expense, ensuring adequate working capital is on hand to meet payroll cycles is vital.

We offer factoring services that may be especially ideal for staffing companies. Low fees and high advances are made even more attractive with factoring services that let you stay in control so you can do what’s best for your staffing services agency:

no requirement to factor a minimum number or dollar amount of invoices every month (or quarter)
no requirement to factor all the invoices from an approved customer – factor only when you choose
no long-term contract requirement

Get a free quote with no cost or obligation, even if you’re already factoring and want to compare our quote against your current agreement.