Payroll Financing to the Rescue
It’s the night before your payroll is due and within the last week you have visited with your bank, spoke to 3 account receivables factors, and calculated over and over again how you outstripped your working capital fund that was suppose to help you in these situations. None of these solutions are going to help you make payroll this week.
This is not an uncommon feeling that if you have been in business long enough, will happen to every business owner. The thing that makes business so challenging is that the market never stays the same and that you always have to be on your game.
Payroll financing or payroll funding was specifically designed to help business owners in times when you need a fund to help you get back on track or so you can make other financing arrangements such as an increase to your bank working capital fund or an accounts receivable factor for long term financing.
Financing Solutions (www.payrollfinancingsolutions.com) provides fast business funds of $5,000-$100,000 to good small businesses with sales of $500,000-$7 million that can be used for working capital.