The demand for temporary staffing is rapidly growing. Don’t miss opportunities because you have a cash flow shortage. Live Oak Bank offers working capital solutions for small to mid-sized staffing firms.
You’ve defined your niche and developed value for your clients. You deserve a financing partner who embraces the same approach. We give you more money against your invoices than traditional banks, and we cater the package to meet your specific needs. Just as no two staffing companies are alike, neither are our accounts receivable solutions.
Does your staffing company need to quickly borrow an unknown or unpredictable amount of money? We offer lines of credit to meet this need. A line of credit enables your staffing company to have flexible access to money when needed rather than selling your accounts receivable in a factoring arrangement.
Just because you have slow-paying customers, doesn’t mean you have to slow down. Our flexible approach to factoring enables you to turn outstanding invoices into cash, quickly. By selling your staffing company’s current invoices, you simply turn existing receivables into cash you can use immediately.
Need a little guidance and advice? Contact a loan specialist, they're ready to help.Connect with an Asset-Based Lending Specialist