Invoice Factoring and Receivable Financing For Staffing Agencies
- Payroll Financing Solutions
- Get Working Capital FAST
- Staffing Companies Advanced up to 95%
- Cash Flow Programs
- Client Credit Services
- Accounts Receivable Management
- Receivables Financing
Whether you do IT staffing, security guard, labor, temp, nurse, legal, accounting, administrative, financial, health care or any other staffing company, Paragon Financial Group can help you with your payroll financing and other crucial working capital needs. At Paragon we offer some of the best rates and financing solutions available to staffing agencies through invoice factoring and accounts receivable financing. Staffing is one of the bright spots in the US economy. We have been providing receivable factoring and financing staffing related companies since 1994. We understand your industries issues like workers comp, concentration issues and payroll funding.
It’s hard to get good people and you better pay them on-time even though it can take 30-60 days for clients to pay you. Concentration issues can be difficult when you have one major client or two or three. Under these circumstances a traditional bank can’t help but Paragon can. Staffing companies can get up to 95% of their invoices advanced at Paragon through invoice factoring and accounts receivable financing. We also provide a gentle touch to your client. We understand you have worked hard to built your relationships. It’s not easy to sell and pick up clients. At Paragon we are the same way. We become a trusted partner between you, your client and debtor treating them just like you would handle them personally.
It’s simple as that! Get started immediately by filling out the simple and quick online application on the right-hand side of this webpage.
Some cool facts about the staffing industry*:
- 3.3 million people are employed by staffing companies every business day.
- 14 million temporary and contract employees are hired by U.S. staffing firms over the course of a year.
- 79% of staffing employees work full time, virtually the same as the rest of the work force.
The most staffing industry jobs by state:
- California – 1,171,771
- Texas – 922,004
- Illinois – 644,582
- Florida – 545,539
- Michigan - 467,318
- Pennsylvania - 446,306
- Ohio - 456,844
- Georgia – 433,758
- New York - 412,437
- Tennessee - 337,939
- North Carolina - 351,425
- New Jersey - 343,668
- Indiana- 312,788
* from americanstaffing.net