Factoring for Staffing Agencies

TemPay understands that temporary staffing agencies often face unforeseen expenses and need money quickly. Because our team understands the unique challenges facing staffing agencies, we are flexible to provide factoring services that meet your specific needs. Our expedient payroll factoring services for staffing agencies allow you to avoid the hassles of using banks, credit cards or other lenders to fund your payroll.

TemPay provides staffing agencies with:

  • Unlimited payroll funding – Many traditional banks and funding companies place a cap on how much a staffing agency can borrow, which can limit your agency’s ability to grow. By offering unlimited funding, TemPay helps staffing agencies reach their full potential through continued growth.
  • Quick credit decisions – TemPay’s ability to make quick credit decisions gives staffing agencies peace of mind that they are doing business with creditworthy customers. Knowing customers will pay invoices in a timely manner supports our clients’ increased revenue and profits. TemPay offers free credit monitoring services for our clients through Dun & Bradstreet Inc. (DNBi).
  • State-of-the art payroll software – Having the right software is essential in a staffing environment to support your front-office and back-office needs. TemPay Complete Solutions® software provides staffing agencies with the right tools to effectively manage these critical payroll functions, while also offering cost-saving features such as automatic timesheet recording.

Contact us to learn more about our payroll factoring services for staffing agencies, or apply for funding now.