Free up your cash flow management and grow your temp staffing business. Find out the criteria for you to apply for accounts receivable factoring.
The process is fast, straightforward and easy. If you have creditworthy customers, you simply:
- Fill out an invoice factoring application
- Provide supporting documentation
- Forward invoices for services rendered, along with documentation that your customer has agreed that work is complete
Apply for your business funding solution – factoring – in a PDF format or in a Word format – whichever you prefer.
At MP Star Financial, the application process for invoice factoring is streamlined and client friendly. Compare that to bank funding here:
|
Banks as a business funding solution
|
Factoring as a business funding solution
|
|---|---|
| Prefer to loan to companies with significant tangible assets | Does not base lending on tangible assets |
| Often want credit over $1 million | Accepts much lower credit amounts |
| May insist on insurance policy with the bank as beneficiary | Never requires insurance policy |
| Generally are not risk tolerant | Comfortable with greater risks |
Need more info? Download the FREE e-book that details setting up factoring: Ready to Grow Your Business Through Invoice Factoring.
This free e-book is written by MP Star Financial President, Gage Price, and provides the information that you’ll need to set up your accounts receivable factoring.
With accounts receivable factoring, your temporary staffing firm can:
- Accept new clients without worrying about meeting the expanded payroll and payroll taxes
- Offer better payment terms to prospective clients
- Expand your company in the direction of your choice
Rev up your cash flow management and grow your temporary staffing company! Contact MP Star Financial today.
Apply for your cash flow management business funding solution online today or call us at 1-800-833-3765 Ext. 150.
