Industries We Serve: Staffing Firms
Staffing firms face a classic working capital squeeze as their businesses expand: As their accounts receivable grow, their need for funding increases. As long as their rate of growth exceeds their rate of profit retention, their need for additional funding will continue. In today’s world where a number of even top rated companies are paying their venders slower and slower, the need for working capital can become critical. Every staffing company is acutely aware that it can only miss one payroll!
That’s why it is extremely important to find a dependable, flexible, and knowledgeable asset-based lender like Allied Financial Corporation of Delaware Valley that can structure a working capital line of credit to meet both your short and longer term working capital requirements.
What is Accounts Receivable Financing?
When your staffing firm’s cash flow is tight, accounts receivable financing helps you turn your accounts receivables into cash. This form of asset-based lending helps staffing firms in Delaware Valley ensure they have the necessary resources ready and available for payroll and other financial obligations.
Essentially, our process works by using your business’s accounts receivables to fund current obligations. This allows you to concentrate on growing your business and achieving lasting financial success without the stress of worrying about funding for upcoming payrolls.
Our contracts are completely customizable and flexible, ensuring your company gets exactly what it needs, when it needs it. Typically, our clients can have their new working capital line of credit in place and ready to fund in as soon as 5-7 days. Plus, our goal is to always provide maximum dollars to credit-worthy borrowers during the length of our relationship. We work hard to earn your business every day.
Benefits of Alternative Financing with Allied Financial Corporation of Delaware Valley
There are a number of reasons that businesses may find themselves with cash flow issue that a traditional bank cannot resolve. Our team provides financing services to staffing firms that are experiencing financial constraints due to a number of different reasons, such as:
- Start-up or Early Stage Companies
- Rapid Growth
- Recent Operating Loss
- Tax Issues or Liens
- Principal’s Impaired Personal Credit
A working capital line of credit allows our clients to gain access to the funds they need in order to stabilize, grow, and prosper.
Contact Us to Learn More About Our Financing Solutions
Our team at Allied Financial Corporation of Delaware Valley has the experience and expertise to help staffing firms find the financial breathing room they need in order to succeed.
If you are interested in accounts receivable financing for your staffing firm, contact us for more information. To schedule an immediate consultation with a senior member of our staff, fill out our online contact form or call our office at (856) 481-4790.