What is Accounts Receivable Finance (Factoring) for Staffing?
A Flexible Source of Capital for Staffing Firms
Invoice finance (factoring) is an easy way to manage your cash flow and scale your business. LSQ offers competitive rates, the largest credit facilities, and flexible deal structures to meet your liquidity needs.
Factoring is a great option to supplement or use in lieu of a traditional line of credit. Invoice finance is accessible to staffing firms of all sizes, regardless of time in business or credit history and is a great option to to inject needed liquidity for growing businesses.
Get Paid Faster
Get same day funding by freeing up cash trapped in unpaid invoices.
Improve cash flow, credit and working capital, all without adding debt.
Access credit lines up to $100M to scale with your business’s growth.
How It Works
Understanding Accounts Receivable Finance
Invoice finance, or factoring, lets staffing firms get paid faster and lets them use the funds they’ve already earned to run and grow their business – even in the face of onerous payment terms. LSQ will pay up to 90% of your invoice within 24 hours, and the remaining amount is paid on the original due date.
Bill your customer as usual
LSQ purchases your invoice or receivable
LSQ pays you up to 90% of the invoice within 24 hours
At the original Net terms due date, your customer pays LSQ for the invoice
LSQ pays you the reserve, less our fee
Understand your customers
Run real-time credit assessments on current and prospective customers that set credit limits to help you monitor customer health.