It’s one of the most stressful situations a business owner can face: missing payroll. When you can’t pay employees on time, it creates immediate pressure on your team and long-term risk for your business. Even if the issue is temporary, the impact can be serious. Employees rely on consistent pay, and once that trust is […]
Running a small business can be as much about timing as anything else. Cash comes in. Cash goes out. Payroll loans and payroll funding (also known as payroll factoring) provide important ways to balance these occasionally unpredictable flows of money. Getting the timing of your financing right can become crucial to keeping your small business […]
Staffing companies routinely deal with long invoice payment terms and slow-paying customers. This puts many staffing agencies in the precarious situation of potentially not having enough cash available to pay employees on time. Fortunately, there’s a type of financing tailored for staffing agencies that struggle to make payroll on time: payroll funding. Payroll funding for […]
Before beginning a financing relationship with a funding partner, understand the steps required to terminate the relationship if needed before the end of the term. Complex structure and lengthy verbiage make contracts difficult to decipher, particularly payroll funding agreements. Transparency and clarity are “must haves” in your payroll funding relationship. Why You May Want to […]
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