Payroll Funding
Construction
A lack of reliable cash flow can make funding payroll challenging. Your customers pay in 30 days, but you must pay your employees sooner. You've come to the right place if your company requires payroll funding. For 20 years, the GO Funding team has provided flexible staffing payroll funding to small businesses. Call us at 763-390-6699 to find out how we can assist you!
What is Payroll Funding?
Payroll funding is a financial solution that provides businesses with the necessary working capital to meet their payroll obligations. It is particularly useful for companies that experience cash flow challenges or have clients who pay their invoices slowly.
Payroll funding allows businesses to receive an advance on their outstanding invoices, providing them with the cash flow they need to meet their payroll expenses. This advance is not a loan and does not require collateral, which makes it a popular choice for businesses that may not qualify for traditional bank loans.
Once the customers pay their invoices, the funding company recoups the amount advanced to the business, plus their fees, and the remaining amount is paid to the business. Payroll funding can be a great way for businesses to improve their cash flow and meet their payroll obligations, even when their clients pay their invoices slowly.
Payroll Funding
Fast Funding for Payroll
Construction payroll funding is a fast and flexible financing solution that can help construction companies meet their payroll obligations and manage their cash flow. If you're struggling to meet your payroll obligations, consider working with a reputable funding company to obtain the funding you need to keep your business running smoothly.
Approval is simple, and credit that is less-than-perfect is acceptable.
If your company has been turned down for bank financing, you will almost certainly be approved for payroll funding. Why? Credit checks are performed on your customers, not on your business or personal credit history.
There are no minimum volume requirements.
Startups can get payroll financing.
Your company's available working capital expands as it grows.
Advances of up to 95%
