Payroll Funding
Keep your business running smoothly by financing payroll through invoice factoring. Convert your unpaid invoices into immediate cash to meet payroll obligations without financial strain.
Why Choose Payroll Funding?
Payroll funding, also known as payroll financing, provides businesses with the necessary capital to pay employees and temporary staff by selling invoices for instant cash. This ensures you never have to worry about meeting weekly or biweekly payroll obligations.
How Does Payroll Funding Work?
- Your company provides services and issues invoices to customers.
- You sell your accounts receivables to a payroll funding company to maintain cash flow and cover payroll.
- The payroll funding provider advances up to 90% of the invoice value, giving you immediate access to working capital.
- Once your customers pay in full, the payroll funding company deducts a small fee and transfers the remaining balance to your business account.
Benefits of Payroll Funding
Eliminates cash flow issues – Maintain a steady cash inflow, ensuring payroll is covered on time.
Same-day payroll funding – Submit invoices electronically, and funds are typically wired within 24 hours.
No hidden fees – Transparent pricing with no unexpected charges. Partner with a reliable factoring company for expert financial guidance.
Supports business growth – Focus on taking on new projects and expanding operations without cash flow concerns.
Easy to obtain – Unlike traditional bank loans, payroll funding is fast and accessible, making it ideal for small businesses and startups.
Flexible financing – Get customized funding solutions based on your specific payroll needs.
APPLY FOR PAYROLL FUNDING
PHONE
301.307.5091
info@korecc.com
Location
6701 Democracy Blvd #300 Bethesda, MD 20817
hours
M-F 8:00 - 5:30PM
