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Posts Tagged ‘payroll funding’
Encore Funding’s Chad Eberly Named a 2026 ABF Journal Legends & Leaders Award Recipient
CLEVELAND, OHIO – May 12, 2026 – Encore Funding, an alternative lender that unlocks capital and strategic support for entrepreneurs in the staffing and transportation industries, is pleased to announce General Manager and Co-Founder Chad Eberly has been named a recipient of the 2026 ABF Journal Legends & Leaders Award in the NextGen category. The…
Read MoreEncore’s Chad Eberly Named to IFA Advisory Board for 2nd Year
For Immediate Release International Factoring Association Announces New Board Members SAN LUIS OBISPO, CA, June 24, 2025 – The International Factoring Association (IFA) is proud to announce that six new members have been added to the IFA Advisory Board for a two-year term. The Advisory Board plays a pivotal role in the IFA’s operations, offering…
Read MoreHealthcare Staffing Factoring: Which Options are Right for You?
Is healthcare staffing factoring worth it? In my opinion, yes! Access to reliable financing is essential for survival and growth. Without adequate cash flow, you can’t meet payroll obligations, take on new clients, or weather unexpected market changes, stunting your ability to scale. Below, I share the pros and cons of three primary financing options…
Read MoreHow to Balance Competitiveness and Profitability with Your Bill Rate vs. Pay Rate
As a staffing entrepreneur, you’ve likely discovered that setting the right bill rate vs. pay rate is a balancing act that can make or break your agency’s success. A misaligned pricing strategy can either send clients to competitors if it’s too high or erode profitability if it’s too low. Simply put, if you are pricing…
Read MoreCase Study: Invoice Factoring Helps Telecom Service Vendor Solve Cash Flow Crunch to Double in Size
Better Cash Flow Allows Specialized Services to Rapidly Grow Specialized contracting companies often balance lucrative opportunities with unique cash flow challenges. Our client is a prime example. This contracting company provides highly skilled workers, specialized vehicles, and equipment to upgrade fiber optic cable lines across the United States. When they first partnered with us, they…
Read MoreMeet Seasonal Demands with Payroll Funding for Hospitality Staffing
The Hospitality Industry Thrives On Flexibility Whether it’s peak tourist season, holidays, or large events, we’ve seen how hospitality staffing entrepreneurs scale their workforce quickly to meet fluctuating demand. However, cash flow gaps caused by delayed client payments can make it difficult to cover payroll on time. That’s where payroll funding for hospitality staffing becomes…
Read MoreAvoid Cash Flow Gaps, Scale Your Professional Services Staffing Agency with Payroll Funding
Factoring Companies for Staffing Agencies Support Growing Demand Over the past few years, I’ve noticed the growing demand for professional services staffing in IT, legal, finance, and engineering industries. ASA research backs up my hunch: staffing agencies in this sector are on the cusp of unique growth opportunities! ASA’s 2024 Staffing Industry Playbook cites, “As…
Read MoreHow Payroll Funding Promotes Industry Diversity, Supports Minority-Owned Staffing Agencies
How Payroll Funding Supports Minority-Owned Staffing Agencies Access to cash remains a persistent challenge for minority-owned staffing agencies. The 2022 Fed Small Business Credit Survey found that only 19% of Hispanic-owned, 16% of Black-owned, and 15% of Asian-owned firms received all the financing they applied for, compared to 35% of White-owned firms. This disparity persists…
Read MoreA Month in the Life of an Encore Payroll Funding Client
By: Kim Joyce, Director of Client Services Introduction to Payroll Funding As the Director of Client Services at Encore Funding, I see firsthand what it’s like to be a payroll funding client. Every day, our mission is to help staffing entrepreneurs overcome challenges with the funding, expertise, and support they need to grow. Whether you’re…
Read MoreIT Staffing Companies Payroll Funding: Tackle Growing Demand Head On
In my time at Encore Funding, I’ve seen firsthand the unique challenges that IT staffing companies face in meeting increased demand for cybersecurity talent. The need for skilled security experts has never been higher, as businesses across every industry scramble to safeguard against escalating cyber threats. This represents a major opportunity for IT staffing firms…
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