Staffing companies faced with increasing demands on their cash flow can turn to Charter Capital for invoice factoring designed specifically for staffing companies.
In a recent press release (PRWEB) Charter Capital is poised to assist staffing companies with its invoice factoring program. We have devised a program to address the expansion of the staffing industry and the cash flow issues that come with this sudden expansion.
Attaining capital for growth is a huge challenge for staffing companies. Many customers of staffing companies pay upwards of 60-90 days, but need to fund payroll almost immediately. Unless they are sitting on cash reserves, staffing companies will have significant cash flow issues.
Charter Capital’s invoice factoring program allows staffing companies to receive funds right away instead of waiting for their customer to pay. It offer a very flexible way for staffing companies to operate from a position of financial strength.