PEO/ASO/HRO clients are in a very challenging time. Business has taken a serious hit. Many have had to cease operations while others are running in a reduced capacity. It is not business as usual. The SBA Paycheck Protection Program (PPP) and CARES Act are helping millions of PEO/ASO/HRO Clients to get back on their feet during these unprecedented economic times.
When SBA funding or CARES Act is not enough to propel your business, our Sales Bridge Funding can help!
Payroll Funding has developed a quick and easy process for their clients to obtain additional funding based on a percentage of their receivables generated each week.
The process is easy. There’s no written application or underwriting process. A phone interview is all that’s needed to determine funding.
Our fundings are unique because there is:
- NO collateral required
- NO lien applied
- NO personal guarantee
- NO security
- NO tax returns
- NO credit checks
- NO written application
Q. What is the process to obtain funding?
A. Speak with us to review our Sales Bridge Funding program with Payroll Funding. We will schedule a mutual qualifying interview date/time and make sure the basic requirements are met. The interview will determine the final approval amount which is based on up to 50% of your weekly sales invoice amounts
Q. How do I receive funding?
A. Funds are wired into your company’s account or directly to your PEO/ASO/HRO (if for payroll) based on the Payroll Invoice amount.
Q. What can I do with the funding I receive?
A. Any business need, such as:
• Restart your business from COVID-19, PPP may not be enough
• Making payroll
• Pay off unexpected costs / expenses
• Pay fixed and variable costs
• Buy inventory / supplies
• Pay off / consolidate other debts
Q. Who provides the funding?
A. Payroll Funding Company who is the source for funding directly to clients of PEOs/ASOs/HROs.
“We have had the opportunity to take on new contracts and grow our company with the help of Payroll Funding. They have always been there when we needed them, with a quick payroll solution. They are great!”
ABOUT PAYROLL FUNDING
- Payroll Funding has been funding PEO/ASO/HRO clients exclusively for over 15 years.
- Payroll Funding is a family trust lending its own funds, so there is no red tape.
- Payroll Funding has a long-term perspective and understands that smaller companies simply need time to be successful.
We are here to help you achieve long term success.