CapFlow Funding Group™ is pleased to announce the funding of a new $500,000 factoring facility for a growing staffing company in Utah. This strategic financing solution reflects our commitment to helping staffing firms. Specifically to access the capital they need to scale operations and stay competitive.
“Staffing companies often face a lag between placing talent and getting paid. This facility gives our client the working capital to meet payroll, accept new contracts, and keep growing without delay.” says Thomas Ingrassia, Chief Risk Officer, CapFlow Funding Group™.
Staffing companies are often tasked with placing large volumes of candidates on short notice. While waiting 30, 60, or even 90 days to receive payment from clients. This cash flow gap can make it difficult to meet payroll, take on new contracts, or invest in growth. With this facility in place, our client can now operate with greater financial flexibility. Thus paying employees on time, expanding service capacity, and pursuing larger opportunities with confidence.
“We know the cash flow hurdles staffing companies face. Our goal is to break down those barriers with fast, flexible funding that supports real growth.” said Joseph Spiegel, Sales Manager, CapFlow Funding Group™.
Is your staffing business ready to grow but held back by slow-paying invoices? Whether in Utah or any other U.S. state, let CapFlow Funding Group™ help. Visit capflowfunding.com to learn more and apply for a customized factoring solution. Let’s grow your business—together.
