BOCA RATON, Fla. – Contractors get paid on Friday. The client that placed them may not pay for 30, 60 or more days. For temp and contract staffing agencies, that gap is not an occasional hiccup but the way the business runs, and GetABusinessLoan.com is explaining how financing against unpaid invoices can keep payroll on schedule while receivables catch up.
The pressure builds with success. Each new placement adds a weekly payroll obligation, and each invoice adds a wait. An agency that doubles its billings can also double the cash it has tied up in unpaid invoices at any moment, which is why profitable agencies still report running short.
Invoice-based advances address that timing directly. Rather than waiting for a client to pay, the agency receives working cash against invoices already issued, then settles up when the client pays. Agencies that want to see how that could work for their own client mix can visit the website to start a short application and talk with an advisor about funding for recruitment payroll.
“Payroll does not wait for your client’s accounts payable department,” said Justin Solomon, Chief Executive Officer of GetABusinessLoan.com. “If you promised your people a paycheck on Friday, the financing should be ready on Thursday.”
The application takes a short online form plus the last four months of business bank statements. Pre-approval typically comes in two to four hours after documents are received, with same- or next-day funding for many approved businesses, and the initial review involves no hard credit check. Funding ranges from $25,000 to $10 million for established U.S. businesses, typically at least one year in operation with real revenue. The company does not fund startups.*
GetABusinessLoan.com is a business finance company, not a marketplace, and it funds in-house first. Solomon said that includes being direct when invoice financing is not the best tool. “If an agency’s real issue is a client that never pays, a loan will not fix that,” he said. “We would rather say so than hand over a product that does not help.”
*Pre-approval and funding times vary by file and are not guaranteed. “No hard credit check” refers to the initial review.
About GetABusinessLoan.com
GetABusinessLoan.com is a business finance company that helps established U.S. businesses secure funding built around their needs – not a bank’s products. Funding in-house first and through vetted partners, it offers working capital, term loans, lines of credit, factoring, and more, with honest, one-on-one advice. Learn more at https://getabusinessloan.com.
Email: justin@getabusinessloan.com
Media Contact
Name
Get a Business Loan
Contact name
Justin Solomon
Contact phone
866-930-9732
City
Boca Raton
State
Florida
Country
United States
Url
https://www.getabusinessloan.com/
