staffing industry

Focus on recruiting and growing your business

Staffing agencies need to pay temporary workers and contractors while waiting for their invoices to be paid. At the same time they need to manage day to day administration, time sheets and worry about workplace insurance in case of an employee accident.

Recruitment Finance provides you with the funding your business requires to make payroll as well as taking care of your back office needs—payroll tax management, client billing and contracting, on boarding of employees and workplace insurance.


help your business

How Recruitment Finance can help your business

Recruitment Finance is ideal if you need to pay temporary workers and contractors while waiting for your invoices to be paid. At the same time, if you want to reduce your overheads and use your time more efficiently, we can manage the day-to-day running of back office administration and workplace insurance through our partner Precision Global Consulting (PGC).

Our clients also value the reassurance that by working with us and our partner, they are complying with all appropriate legal and regulatory requirements.


Back office support—what is included

A workforce management platform employs contractors on your behalf and ensures that your day-today back-office needs are supported by a team of experts. These services are tailored to the needs of your business, giving you peace of mind from the risk and complexity involved in managing a contingent workforce in-house and allowing you to focus on growing your business.

  • Payroll: accurate, timely payroll including variable hours, overtime, rate changes and processing expenses
  • Tax: save time and risk on tax calculations with year-end tax reporting that is IRS compliant
  • On boarding: a fast, efficient electronic on boarding system, ensures an efficient, mobile-friendly experience for workers. Compliance and E-verify are manager on your behalf

 

 

Back office support is powered by Precision Global Consulting

  • Timesheets: automated compliance-based timesheets specific to state by state regulations
  • Compliance: an in-house legal team make sure that employment laws in each state are complied with
  • Employee benefits: providing your employees and contractors with industry-leading benefits package (medical, dental, vision, 401K, etc.)
  • Workplace insurances: all General Liability, Professional Indemnity and Works Compensation


recruitment funding

Is your business suitable for Recruitment Finance?

Your business could be suitable for Staffing Finance if you:

  • Yes: are a staffing agency
  • Yes: issue your clients with credit terms of up to 90 days
  • Yes: want a third party to manage the administrative aspects of employment
  • Yes: want a peace of mind that worker compensations claims will be taken care of
  • Yes: want to employ workers/ contractors throughout the US and Canada, but don't want to deal with the complexities of local state and province employments laws

Get a quote

Features and benefits of Recruitment Finance

Features:

  • Release up to 92% of the cash in your invoices with Recruitment Factoring
  • Support with back office and payroll management through out partner, PGC, throughout the US and Canada
  • Optional bad debt protection due to customer's financial inability to pay

Benefits:

  • Speed: access to cash within 24 hours of invoicing
  • Expertise: dedicated support from an integrated back office and finance solution
  • Simplicity: management of employment contracts and compliance with local employment laws through out the US and Canada
  • Flexible: financing grows in line with your business
  • Peace of mind: management of workers compensation and workplace complaints
  • Customer care: 95% of client satisfaction


They care about us, and I have the best account representative out there. I feel like she’s family. Tom Milone, CEO, Baker Personnel

How Recruitment Finance works

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Invoice your customers

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We pay up to 92% of the value of your invoice

Within 24hrs, allowing you to pay your staff, suppliers and take on new orders

collect payment

We collect payment

Leaving you to focus on running your business

payment

We pay you any remaining balances

Minus any agreed fees


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Talk to a member of our team today on (678) 646 7821

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