Payroll Funding for Staffing Firms

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

A hand rests on a silver laptop and types computer code which is visible on the laptop screen

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

Encore Funding Appoints Dale Busbee as Vice President of Business Development

CLEVELAND, OH – September 3, 2024 – Encore Funding, a leading alternative lender specializing in the staffing and transportation industries, proudly announces the appointment of Dale Busbee as Vice President of Business Development. With over 25 years of executive leadership and sales expertise, Dale Busbee brings a wealth of experience to Encore. His professional background…

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…

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

Two nurses in blue scrubs smile at each other over a desk in a healthcare setting while a doctor checks his watch

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…

International Factoring Association Announces New Board Members

For Immediate Release International Factoring Association Announces New Board Members SAN LUIS OBISPO, CA, July 9, 2024 – The International Factoring Association (IFA) is proud to announce four new members have been added to the IFA Advisory Board for a two-year term. The Advisory Board plays a pivotal role in the IFA’s operations, offering strategic…

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…