Some healthcare customers can take months to pay for temporary staff, making timely payment of payroll and payroll taxes an ongoing challenge for healthcare staffing agencies. Long payment timelines can leave startups, and even established staffing agencies, stuck in a holding pattern while they wait to be reimbursed for services.
If funding temporary payroll is impacting your healthcare staffing agency’s ability to add new business and retain employees, TemPay can help. We offer flexible full-service and money-only factoring solutions for small and large staffing agencies that specialize in temporary staffing for doctors’ offices, hospitals, in-home care facilities and other healthcare organizations
As your payroll factoring partner, TemPay will:
- Advance up to 90% or more of the value of your total invoices
- Make quick credit decisions for your business and its customers
- Provide timely funding to help you cover unforeseen expenses
- Monitor your accounts 24/7 through Dun & Bradstreet to ensure that your customers remain creditworthy
We also offer state-of-the-art software and funding resources that help healthcare staffing agencies manage their critical payroll functions more efficiently, control costs and improve productivity. Contact us to discuss a funding solution for your healthcare staffing agency.