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STAFFING

Manage Payroll Demands. Support Business Growth.

Financing built around the gap between paying your people and collecting from your clients.

FINANCING FOR STAFFING

Capital Between Client Invoicing and Payroll

A staffing agency earns revenue from placements, but its people are paid on a recurring schedule, often weekly or biweekly, while business clients commonly operate under much longer payment terms.

Each new placement or contract win increases the cash required to operate before the corresponding revenue is collected. Great Elm Commercial Finance provides asset-based financing that looks at the quality of your client receivables, your management team and your financing objectives.

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INDUSTRY CHALLENGES

When Payroll Comes Before Client Payment

Staffing is a business of timing. These are the conditions that tend to put pressure on an agency’s cash flow.

Recurring Payroll Obligations

Workers are paid on a fixed weekly or biweekly schedule, along with payroll taxes and related costs, regardless of when clients pay.

Delayed Client Collections

Clients often pay thirty, sixty or more days after invoicing, so the agency carries payroll for the entire collection period.

Large Contract Wins

A larger engagement means recruiting, onboarding and paying more workers before the first invoice is collected.

Seasonal Increases in Demand

Peaks in client demand add placements and payroll quickly, while the related collections arrive later.

Customer Concentration and Invoice Verification

A few large clients can dominate receivables, and invoices typically depend on approved timesheets. Both affect how receivables are evaluated for financing.

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WHO WE FINANCE

Staffing Firms We May Finance

We work with established staffing companies that bill business customers and have a receivables base we can lend against. Typical borrowers include:

  • Established staffing and recruiting firms with business-to-business receivables.
  • Agencies expanding their placements through larger client contracts.
  • Staffing businesses managing substantial ongoing payroll and working capital requirements.

Eligibility for specific types of staffing business is subject to Great Elm’s review of the individual transaction, eligible collateral and underwriting requirements.

$5MM–$500MM

Typical Annual Borrower Revenue

Financing availability and eligibility depend on the individual transaction, eligible collateral, and underwriting requirements.

$5MM–$30MM

Typical Target Loan Size

A typical target, not a limit. Loan size depends on the individual transaction, eligible collateral, and underwriting requirements.

FINANCING APPLICATIONS

Capital for Payroll Cycles and Contract Growth

Staffing capital needs follow the billing cycle. Whether you are covering existing obligations while invoices are outstanding or preparing for a larger client, the right structure supports the work you have already won.

Overhead view of a team around a wooden table with laptops and tablets, two people shaking hands

Bridge Payroll and Client Collections

Payroll comes due on a schedule set by your workers, while eligible client invoices move through approval and payment. Financing supported by those receivables can help fund ongoing obligations in the meantime.

Borrowing availability depends on the receivables that qualify and the terms of the facility. It is not a guarantee of funds on any given day.

Ledgered Line of Credit

Support New Contract Wins

Onboarding, recruiting and additional placements require working capital before new revenue arrives. Receivables-based financing can help fund that ramp-up as invoices are billed and collected.

Ledgered Line of Credit

Manage Changing Staffing Volumes

Client demand rises and falls. A revolving structure supported by eligible receivables can adjust with billings, helping address recurring expenses as volumes change.

Ledgered Line of Credit

FINANCING SOLUTIONS

Asset-Based Financing for Staffing Firms

A Ledgered Line of Credit is the primary fit for staffing firms. The appropriate solution depends on your receivables, collateral and existing obligations.

Ledgered Line of Credit

Revolving borrowing supported by eligible accounts receivable, so availability moves with the invoices you bill. This is the primary fit for staffing firms managing payroll against outstanding client invoices.

Secured Term Loans

Term financing supported by eligible business collateral, which may suit a distinct capital need supported by other qualifying assets.

Recent Deals

Financing deals that move businesses forward.

Explore our recent financing transactions and discover how we’re helping businesses access the capital they need to grow and succeed.

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FREQUENTLY ASKED QUESTIONS

Staffing Agency Financing FAQs

Learn how asset-based financing can help staffing firms manage the time between payroll and client payment.

Yes. Eligible invoices from business clients can support borrowing availability. Eligibility depends on whether the work has been performed, billed and accepted, and on the client’s payment history and terms.

A revolving line of credit provides borrowing availability based on eligible receivables, which can help an agency manage the period between paying workers and collecting from clients. Availability changes with the qualifying invoices outstanding and is not a guarantee of funding on a particular day.

Discuss Your Staffing Agency’s Financing Needs

Whether you’re funding existing placements or preparing for a larger client contract, Great Elm can evaluate your receivables and ongoing capital requirements.

Contact Our Financing Team

Tell us about your business and what you’re looking to finance. A member of our team will follow up to discuss your needs and potential next steps.