Business Insights for Staffing Agencies

Unlock the Power of Accounts Receivable for Your Staffing Company

Accounts Receivables: What You Need to Know Accounts receivable (A/R) isn’t just a financial term; it’s the lifeblood of your staffing company. A/R is the money your customers owe you for the services your employees have provided on credit. Let’s dive into A/R and break down its complexities into manageable, essential components. Build a Solid…

Creating a Winning Business Plan for Your Staffing Agency: Key Components and Best Practices

By: Craig Cohen, Director of Sales A Staffing Agency Business Plan is the Foundation for Success I’ve been in staffing for decades, and I’ve seen how a strong staffing agency business plan can set staffing entrepreneurs up for success. In a competitive market, your business plan serves as both a roadmap and a strategic tool…

A Month in the Life of an Encore Payroll Funding Client

By: Kim Joyce, Director of Client Services Introduction to Payroll Funding As the Director of Client Services at Encore Funding, I see firsthand what it’s like to be a payroll funding client. Every day, our mission is to help staffing entrepreneurs overcome challenges with the funding, expertise, and support they need to grow. Whether you’re…

IT Staffing Companies Payroll Funding: Tackle Growing Demand Head On

In my time at Encore Funding, I’ve seen firsthand the unique challenges that IT staffing companies face in meeting increased demand for cybersecurity talent. The need for skilled security experts has never been higher, as businesses across every industry scramble to safeguard against escalating cyber threats. This represents a major opportunity for IT staffing firms…

7 Myths About Payroll Funding for IT Staffing Agencies

IT staffing agencies: learn the truth behind common payroll funding myths that may stop you from gaining the cash you need.

Is Your Factoring Company Too Big? Signs It’s Time to Switch Funding Companies for Staffing Agencies

In the fast-paced staffing world, having the right financial partner can make all the difference. But how do you know if your current factoring company best fits your agency’s needs? Let’s explore the signs that your factoring company might be too big and why considering alternative funding companies for staffing agencies could be a game-changer…

Financial Sustainability: The Key to Success for Home Healthcare Staffing Agencies

Home healthcare staffing agencies face unique challenges that can make or break their financial sustainability. As a staffing entrepreneur, you’re often up against hurdles like operating in a highly regulated industry, lengthy documentation requirements, and long payment terms on invoices. These challenges don’t have to define your financial sustainability! Read on to explore how…

Payroll Funding for Staffing Agencies: Gain the Benefits of Working with a Family-Owned Factor

We often hear staffing owners say that their corporate lender is impersonal with poor customer service. When it comes to payroll funding for staffing agencies, an entrepreneurial, mid-size factoring partner could be your best option! Unlike corporate funding giants where staffing entrepreneurs may feel like a number, a mid-size boutique partner offers: An entrepreneurial perspective…

Case Study: From a Modest Start to Million-Dollar Success in Medical Staffing

How Healthcare Factoring Fueled One Staffing Agency’s Growth Healthcare is often one of the most competitive industries for staffing. Our client, a medical staffing agency in Pennsylvania, faced unique staffing agency requirements and fierce contract competition, especially as a Pennsylvania Certified Small Diverse Business. Yet resourceful staffing entrepreneurs like our clients can overcome these hurdles…

How to Choose the Right Healthcare Staffing Factoring Partner

Consider Payroll Funding for Steady Cash Flow and Business Growth The demand for in-home healthcare services continues to rise, driven by an aging population and a preference for at-home care. The need for reliable, scalable financial solutions is crucial as entrepreneurs may overlook the long lead time for payment and the cash flow crunch to…

Increase Operational Efficiency with Back-Office Solutions for Staffing Companies

Increase your operational efficiency with comprehensive back-office solutions for staffing companies of any size. Streamline Operations to Hit Growth Goals As a staffing owner, you already know the pivotal role operational efficiency plays in keeping your business afloat. What isn’t as commonly talked about is how increased operational efficiency helps chart the course toward long-term…

Expert Insight into Marketing for Staffing Agencies

Stand apart in a crowded industry with impactful advice on marketing for staffing agencies from the Encore Funding experts.

Case Study: Light Industrial Payroll Funding Fuels Startup Success

One staffing firm overcame fierce competition thanks to strategic light industrial payroll funding from Encore Funding. See the results.

Talk to Encore

Do you have funding questions or other business needs? We’ll connect you to a dedicated advisor right away.

Business Insights

Talk to Encore

Associations and Affiliations