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6 Large Volume Industries That Benefit From Invoice Factoring

Posted by Gil Oliva on Thu, Mar 12, 2020 @ 12:45 PM

Many large businesses work with invoice factoring companies because factoring can provide them with funds they need quickly – in as little as 24 hours in some cases. When invoice factoring companies purchase invoices from a company’s accounts receivable, that business can get cash then rather than wait the typical 30-90 days for customers to pay to receive said cash. This constant flow of working capital can allow businesses to do things like hire more staff, expand offices, or purchase necessary equipment. In fact, the reason many businesses Here are some of the top large volume industries that benefit from invoice factoring:

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Topics: Manufacturing and Distribution Financing, The Benefits of Invoice Factoring, Wholesale financing, Staffing Industry

Reaching Millennials: A Staffing Guide

Posted by Gil Oliva on Mon, Jun 24, 2019 @ 10:47 AM

By 2020, almost half of all workers in the United States will be millennials, individuals born between 1980 and 2004. Millennials are distinct from other generations having grown up in the internet age, with information technology that was not available to previous generations shaping their unique interests and motivations. This means that strategies that worked for recruiting previous generations may no longer be as effective for securing the top talent. Staffing businesses that adapt to millennials’ needs are more likely to attract this team-oriented and tech-savvy group of candidates.

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Topics: Payroll Funding for Staffing Companies, Factoring Accounts Receivable, Staffing Industry, Invoice factoring

Understanding Invoice Factoring for the Staffing Industry

Posted by Gil Oliva on Wed, Mar 02, 2016 @ 02:00 PM

Staffing agencies count on a reliable, steady cash flow. In business, solid fiscal health relies upon how quickly a customer pays for services rendered. When you’re billing multiple invoices at once, it’s easy to see how profitable the business should be.

But when your accounts receivable is waiting…and waiting…on payments, your cash flow comes to halt.Theoretically, your company should be making money. Realistically, it can’t. Not unless clients actually pay their invoices.

That’s where invoice factoring comes into play.

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Topics: Cash Flow, Staffing Industry, Invoice factoring

Opportunities for Staffing Companies in the Oil and Gas Industry

Posted by Gil Oliva on Fri, Sep 18, 2015 @ 08:30 AM

The price of oil and gas may continually fluctuate for the consumer or investor, but the job opportunities are plentiful given the fact that oil and gas are essential commodities consumed on a daily basis. For all practical purposes, renewable energy is in its infancy, and while engineers are drawn to the benefits of a career in this field, providing staffing opportunities in the oil and gas sector can be a lucrative endeavor. 

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Topics: Financing for the Oil and Gas industry, Staffing Industry

3 Mobile Apps to Help Find a Temporary Position

Posted by Gil Oliva on Fri, Jun 26, 2015 @ 08:00 AM

Are you searching for your next temporary position? Many temporary staffing agencies are utilizing all sorts of apps to find the right candidates, and there are many apps designed to help you find the right staffing agency as well as other temporary positions that would fit your profile. The apps mentioned below are just a few that can be found when searching for apps to help you find a job.


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Topics: Temporary Staffing Agency Financing, Staffing Industry

Can Social Media Help Recruit Talent for your Staffing Agency?

Posted by Seth Herman on Fri, Jun 19, 2015 @ 08:00 AM

If you are interested in looking for candidates who have an understanding of how social media can benefit not only their ability to communicate socially, but to find a better job, you may want to consider the many benefits social media has to offer. 

There is a multitude of effective ways of incorporating social media to leverage your company. It is more than likely that you are already utilizing the services offered by companies such as LinkedIn, Facebook and Twitter. It is important to find ways to distinguish your company from the plethora of other companies attempting to do the same thing as you. Are you aware of all the ways to go about attracting the right talent? 

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Topics: Temporary Staffing Agency Financing, Staffing Industry

Is the Temporary Job Market Still Growing?

Posted by Jesus McDonald on Wed, Jun 10, 2015 @ 08:00 AM

The temporary staffing industry continues to be a vital workforce that helps the economy grow.  Many industries entrust elements of their workload to temporary employees, and turn to temporary staffing companies to source reliable candidates for specific positions. 

According to Staffing Industry Analysts, the temporary job market is most certainly on the rise. According to a recent publication analyzing the market this year so far, their figures state that: 

  • The US added 223,000 jobs in April
  • 16,100 temp jobs were added, the second straight month of gains following declines in January and February
  • Revisions reduced overall job gains in February and March by 39,000, but increased temp gains by 4,900
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Topics: Temporary Staffing Agency Financing, Staffing Industry

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