Medical staffing company protects payroll with limitless factoring line
AR Funding is proud to welcome this staffing services company as one of its newest clients.
AT A GLANCE
Industry: Medical staffing services
Company size: Startup
Reason for applying: Payroll stability
Cash available through factoring: $200,000
PROBLEM: A need to ensure stable payroll during the startup phase
Founded by an experienced nurse, this Florida-based company provides its clients with certified, registered, and licensed nurses in a range of specialty medical fields.
The owner knew that meeting payroll was the key to the stability and success of her business, but as a start-up, she needed financing to cover the gap between weekly payroll expenditures and lengthier invoice payment terms.
SOLUTION: Limitless factoring credit line
After researching her options, the owner decided invoice factoring could help. She chose AR Funding because of their extensive experience in the healthcare staffing industry.
As a first-time business owner, she needed support and guidance as she prepared to launch her company. AR Funding helped her make the right decisions and arranged a flexible financing option that enables her to factor as many or as few invoices as she wants. With projections of $100K in monthly revenue, she can now access up to 90% of that cash as soon as she issues the invoices.
The owner is now excited about the first chapter of her journey and confident that she can grow steadily and sustainably thanks to her financing partnership with AR Funding.
This happy client received financing with help from Crawford Reeves, Regional VP, Southeast Region. Find out how much cash your company can access through invoice factoring. Talk to us.