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How Staffing Agency Loans Differ from Staffing Agency Factoring?

Staffing agency loans and staffing agency factoring are two types of financing options available to staffing agencies. A staffing agency loan is a traditional form of financing where a lender provides funds to the agency, which must be repaid over time with interest. The loan is usually secured by collateral, such as assets or accounts receivable. On the other hand, staffing agency factoring involves selling the agency's accounts receivable to a factoring company at a discounted rate. The factoring company then collects the full amount owed from the agency's clients, and the agency receives immediate cash flow.

To know more visit here: https://www.goodmancapitalfinance.com/staffing-factoring-vs-staffing-payroll-loans/
How Staffing Agency Loans Differ from Staffing Agency Factoring? Staffing agency loans and staffing agency factoring are two types of financing options available to staffing agencies. A staffing agency loan is a traditional form of financing where a lender provides funds to the agency, which must be repaid over time with interest. The loan is usually secured by collateral, such as assets or accounts receivable. On the other hand, staffing agency factoring involves selling the agency's accounts receivable to a factoring company at a discounted rate. The factoring company then collects the full amount owed from the agency's clients, and the agency receives immediate cash flow. To know more visit here: https://www.goodmancapitalfinance.com/staffing-factoring-vs-staffing-payroll-loans/
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