![]() ![]() How would staffing factoring help your staffing business grow? Find out today. Recourse and non-recourse programs offered.Other benefits to working with Catalyst include: ![]() There are no exit fees or long-term contracts, nor does Catalyst hide or increase fees after signing. With Catalyst, you can obtain advanced rates of up to 90%. We are able to work with each staffing agency’s unique needs, and customize a plan that works best for their business. We help significantly improve cash flow at reasonable and competitive rates.īecause Catalyst is a smaller, less bureaucratic firm, we can offer flexible financing options. Why Choose Catalyst Financial?Ĭatalyst financial specializes in staffing factoring and payroll factoring. The company’s substantial industry history, good invoice documentation, and low concentration allowed Catalyst to pay off the bank and provide the funds needed to keep up with demand. The company’s financial history prevented them from increasing a traditional line of credit with the bank. Pipeline Inspection Staffing Company Outgrows a Line of CreditĪ pipeline inspection staffing company in Kansas was growing rapidly after securing a large contract with a global customer. They were frequently missing payroll, making them turn to high-interest MCA loans.Īfter invoice factoring with Catalyst, they were able to cut out MCA loans, saving them over $100,000. Over time, it became harder to make the minimum payments on the cards and the business was held back from taking on new contracts and growing.Security Staffing Firm Saved Over $100,000Ī security staffing firm was growing quickly, but didn’t have their financials in line to secure a conventional loan. The company had been invoicing $30,000 a week but had to use personal credit cards to make payroll while waiting for invoices to be paid. Overcoming high-interest loans with invoice factoringĪ staffing agency in the healthcare sector came to Liquid Capital for invoice factoring. Without access to funds, staffing agencies often struggle to meet payroll and end up passing on business growth opportunities. For many, that can often mean funding major expenses (such as payroll) through traditional financing methods while waiting for clients to pay their invoices - whether that be companies or the government. Taking advantage of these staffing opportunities in the market requires capital and steady cash flow. Invoice Factoring Guide for Distribution and Wholesale Companiesįor staffing companies helping place employees with businesses in healthcare, construction, accommodation and food, retail and manufacturing, there are many opportunities for growth. Theres a reason factoring is the preferred financing method for many Staffing Agencies of all sizes immediate cash flow.Invoice Factoring Guide for Tech Companies. ![]() ![]()
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