Staffing Factoring in New York, NY
New York is the largest staffing market in the country — finance, legal, healthcare, tech, hospitality, and the administrative machinery of corporate America all run on temp and contract labor — and its agencies face the industry's widest payroll gap: weekly pay for placed workers against corporate clients who pay in 45 to 60 days, often through procurement systems that add their own delays. Staffing factoring closes the gap: advances of typically 90-95% on timesheet-backed invoices, within a day of billing. Y Millennial Funding offers staffing factoring and payroll funding for New York agencies, and revenue-based funding from $50,000 in monthly revenue, approved on receivables and revenue rather than credit. Factoring is the purchase of receivables, not a loan. Not all applicants qualify.
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How New York City Staffing Agency Factoring & Payroll Funding Businesses Use Our Funding
Cover weekly payroll for corporate placements while clients pay through procurement.
Take on a new enterprise account without doubling your payroll float overnight.
Fund healthcare staffing growth across the metro's hospital and home-care demand.
Staffing Agency Factoring & Payroll Funding in the New York City Market
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Common questions about staffing agency factoring & payroll funding funding in New York City.
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