Staffing Factoring offers cash advances against invoices so payment delays won’t hold you back to fund your next placements, help you meet payroll, enabling you to take on new recruits and making you a more profitable industry leader.
If your creditworthy customers are paying slower than you can afford to wait don’t take on undue risk of missing payroll or delay paying your bills. Marathon can get you the funds you need today at a reasonable affordable rate.
Staffing Factoring Benefits
- Speed – Funding within 24 hours of approved invoices – you don’t have to wait to be paid.
- Expertise – Marathon has provided funds to vendors in the staffing industry since 2005 providing them capital to smooth out the cash flow bumps from slow paying debtors. Let us help grow your company without the daily stresses of waiting for the check in the mail.
- Privacy – We understand! Marathon is extremely aware and sensitive to your relationship with your customers. Together we will design a notification process for your clients so you can be comfortable.
How does Staffing Factoring work?
Step 1: Send Invoices
Send invoices of your choice for funding.
Step 2: Receive funds
We complete a credit review of your customers, verify start of employment ie time cards; and fund you immediately.
Step 3: Customer payment
Once we receive payment from your customers we will pay off the funds advanced less our fee, and rebate the balance to you.