Axos Bank is one of the leading funding companies for staffing agencies. We offer cost effective payroll funding for staffing agencies by turning outstanding invoices into immediate cash. There are many accounts receivable funding companies, but not all the same. For instance, unlike many others, we are a publicly traded federal bank with no branches which allows us to pass our low cost of capital to our clients.
We can match or beat your existing funding rates offered by companies that have a higher cost of capital. Our experience, knowledge and quick turnaround will keep cash flowing through your staffing business and help you focus on winning new contracts and focusing on growth. We have a number of complimentary services (Free Credit Checks, Bookkeeping, Industry leading Business Banking).
We can match or beat your existing funding rates offered by companies that have a higher cost of capital. Our experience, knowledge and quick turnaround will keep cash flowing through your staffing business and help you focus on winning new contracts and focusing on growth. We have a number of complimentary services (Free Credit Checks, Bookkeeping, Industry leading Business Banking).
Services
A diversified financial services company with approximately $10.0 billion in assets, provides innovative checking, money market, savings, and lending products and services to our personal and business banking customers throughout the United States. Because we do not incur the significantly higher fixed operating costs inherent in a branch-based distribution system, we are able to provide attractive funding rates to our staffing agency clients.
Lack of cash flow can prevent a staffing agency from accepting more clients, or even targeting larger ones. One staffing agency client increased their business by 250% in just 6 months using our service. With the knowledge of having our financial support allowed them to confidently go after bigger accounts.
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