Full-service vs. money-only payroll factoring

Payroll factoring is one of the most popular types of business finance. Within that, there are two types of factoring: money only and full service. Money-only invoice factoring provides strictly payroll funding. You process your own paychecks, print your own invoices and file and pay your own taxes, while the factor delivers cash to cover […]

The value of outsourcing payroll services

A TemPay client in Indiana was doing approximately $10,000 per week in sales prior to using the payroll funding company’s services. It had self funded the firm by maxing out credit cards to continue to maintain a limited client base. The client found itself unable to grow due to a lack of capital, as it […]

Factoring: 3 Full-Service Versus Money-Only Considerations

Factoring can be a great way to help your temporary staffing firm pursue new avenues of growth. The key is to know which option works best for your needs. Full-service factoring partners handle all your administrative and financial services, allowing you to meet new clients and expand your brand. Money-only factors provide flexible financial support. […]