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MP Star has enabled us to have the necessary cash flow which ultimately enabled us to increase revenues from $144,000 annually in 1997 to over $7 million in 2005.

Cash flow management through invoice factoring is the key to growing your temporary staffing business. Here’s a quick tutorial:

  1. All you need to do to get started is to fill out an invoice factoring application and provide us with a receivables aging report. Usually, you’ll receive a proposal from your factoring company within 24 hours.
  2. After you review your receivables factoring proposal, just forward MP Star your supporting documents. Often, your new cash flow management system will be in place in as little as five days.
  3. Your factoring company will then complete due diligence on your company and your customers – and then you can enter into an accounts receivable factoring agreement.

After your temporary staffing business has entered into an accounts receivable factoring agreement with MP Star:

  1. We will provide your customers with a change of address to remit their payments.
  2. Then, you can simply forward the invoices you wish to factor, along with an advance request for funds and the supporting documentation.
  3. Work must be completed and/or products delivered and accepted by your customer prior to invoice factoring.

Don’t delay! Complete your accounts receivable factoring application online.

Choose MP Star Financial as your receivables factoring company, and count on fast cash and no hidden fees.

Thanks to your improved cash flow management, your temporary staffing business can:

  • Meet payroll, even if you need to pay your staff every two weeks, while the companies that you serve pay you every 30 – or even 45 – days.
  • Grow your business by adding new service areas or areas of specialty, or any other way you choose!
  • Take advantage of better payment terms and/or offer them to your clients.

Today is the day to start your accounts receivable factoring. Don’t delay.

To improve cash flow management in your temporary staffing company and grow your business, apply for your receivables factoring funds today or call MP Star at 800-833-3765, #150.

Contact us
800-833-3765
Ext. #150

31313 Aurora Road
Solon, OH 44139
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