Does TemPay provide full payroll service as part of our payroll financing services?

Payroll companies offer a full-service temp factoring option. In addition to payroll factoring, in which you sell accounts receivable invoices to the factor for a fee to gain cash up front, a payroll financing company also provides back-office administrative services that allow you the freedom to focus on growing your business while it handles the details.

As a full-service factor and financing company, TemPay can:

  • Pay your temporary employees via check, direct deposit or payroll card
  • File and pay your staffing firm’s payroll taxes
  • Invoice your customers
  • Collect from your customers and follow up on delinquent accounts
  • Monitor creditworthiness of your customers
  • Deliver certainty with one low, fixed fee
  • Prepare extensive management reports on the administrative and financial activity of your firm
  • Provide software to manage your office

TemPay does this while operating as a virtually invisible payroll financing partner. Your employees and customers will see your temporary staffing firm’s name on their checks and invoices, and TemPay performs collection assistance as a representative of your company, providing the same great customer service your customers have come to expect from you.

Ready to learn more about TemPay and what we can do for you? Apply now or contact us online or by phone at (866) 683-6729 for more information about temp factoring. We’re happy to answer your questions. Please read our FAQs here to get more information at your convenience.