Limitations of Bank Payroll Funding

When you’re starting a staffing agency, a bank is often the first place that comes to mind when you’re looking for payroll funding. However, just because banks are the traditional means of finance doesn’t mean they are the right option for your business. There are several downsides to bank payroll funding.   It takes time. […]

Payroll outsourcing: your invisible partner

Staffing firms are busy doing what they do best — interviewing candidates, selling staffing services to potential clients and marketing their firm to those potential clients — all while keeping one step ahead of the competition. Full-service payroll funding for staffing companies serves the role of an administrative branch of the staffing firm.   Virtually […]

Choosing a Source For Payroll Funding For Staffing Companies

Choosing a payroll funding source is much like choosing a pair of shoes: You need to try each one on to determine whether it’s the right fit, because all are not created equal. So how do you decide which firm is right for you?   Seek advice from your peers. Ask others in the industry […]

TemPay Offers Staffing Flexible Funding

At TemPay, we understand the nature of your business because we specialize in the staffing industry. We know obtaining staffing flexible funding is key for your business because you need to pay your employees and vendors weekly, but customers can often take 30, 45 or even 90 days to pay.   We can work with […]

Pros and Cons of Payroll Funding for Staffing Companies

Being the middle man can have its disadvantages, especially if you’re a staffing agency. The payment structure that makes staffing agencies profitable – invoice for services – causes delays in payment processing that can make it difficult to pay employees on time. However, there are organizations that specialize in payroll funding for staffing companies that […]