Lone Oak Payroll’s Post

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Payroll funding is creating growth opportunities for staffing firms (including many of your competitors!), even when they're faced with a tough market. Here's how: 👉 It brings them consistent, reliable cash flow. Funding advances cash to staffing firms, allowing them to make payroll today while waiting for clients to pay invoices. 👉 It expands their pool of clients. With the benefit of consistent cash flow for their payroll, staffing firms don't need to shy away from slow-paying debtors or clients with longer payment terms. This helps them say yes to more business and grow their client pool significantly. 👉 They spend more time on growth strategy and less on back office. Staffing firms who partner with us can avoid time-consuming back office activities such as invoice processing, payroll processing, accounts receivables management, tax management, and new hire reporting. With less time spent on the back end, they have more opportunities to invest in their relationships and build their growth strategy. These are just a few of the ways staffing firms are using payroll funding to grow. Reach out to us to learn how you can join them and stay competitive. #StaffingIndustry #Staffing #Funding #Payroll

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