Staffing Services Group
Turn your staffing company's accounts receivable into cash
Staffing companies face a variety of cash flow challenges, like funding payroll, meeting tax obligations, or paying operational expenses. Our Staffing Services Group is dedicated to helping staffing companies address those challenges with accounts receivable financing.
Put our strengths to work for you
Working with us, you receive cash quickly, with funds typically advanced within 48 hours of purchasing the invoices.
We provide financing to general workforce and industry-specific staffing companies with annual sales volumes of $1 million to $500 million and more. Our customers typically need capital to support:
- Payroll
- Recapitalization or refinance
- Tax obligations
- Turnaround
- Start-up business needs
- Mergers and acquisitions
- Expansion or growth
- Operational expenses
- Restructuring
Why Wells Fargo Capital Finance?
When you put our financing to work for you, you'll have a dedicated team working with you along the way. Our customers benefit from:
- A continuous source of capital: As part of a financial services company with a legendary reputation for strength and stability, we're well positioned to support your financing needs as they grow and change.
- Competitive pricing: You'll find highly competitive rates, straightforward pricing, and deal structures that can meet your company's needs.
- Industry experience: We'll put our 20-plus years of experience with staffing companies to work for yours.
- Convenient, secure reporting: Stay on top of your account debtors and maintain accurate accounting records with daily, weekly, and monthly reports available online, 24 hours a day, seven days a week, via Wells Fargo's Commercial Electronic Office® (CEO®) portal. You can also securely exchange documents with us through our File Upload Service.
- Access to a full suite of financial resources: Wells Fargo offers access to financial services for every phase of your business, from a full-range of financing options, to treasury management and insurance services.
