Staffing agencies have a wide range of administrative responsibilities, which include efficiently managing payroll administration. By delegating some of these responsibilities to a full-service factoring partner, you can gain the freedom to focus on growing your business while we handle details such as payroll, invoicing, payroll taxes and credit monitoring.

As your full-service payroll factoring partner, Encore Funding can help you manage your agency more effectively and become more profitable. Our staffing factoring services will:

  • Pay your temporary employees via check, direct deposit or payroll card
  • File and pay your company’s payroll taxes
  • Provide W-2s to your employees
  • Invoice your customers
  • Collect from your customers
  • Follow up on delinquent accounts
  • Provide certainty with one low, fixed fee
  • Prepare extensive management reports on the administrative and financial activity of your firm

Most importantly, Encore Funding operates as a virtually invisible partner to your staffing agency, handling payroll, invoicing and payroll taxes but as your representative. Your employees and customers will see your staffing agency’s name on their checks and invoices, not ours. And when we perform collection assistance, we will do so as representatives of your company as well, providing the same great customer service your customers have come to expect. Finally, we will provide you with weekly reports of your business activity to keep you updated and to help you make the best decisions for your temporary staffing agency.

Visit our FAQ page or contact us to learn more about Encore’s full-service payroll factoring services for staffing agencies.

You can also apply for our staffing factoring services right away by using our easy Application form to get the process started. We look forward to hearing from you!

Talk to Encore

Do you have funding questions or other staffing needs? Connect with a dedicated advisor right away.