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payroll funding

Payroll Funding: What To Do When You’re Short on Payday

Payroll Funding What To Do When You’re Short on Payday

It’s every business owner’s nightmare. It’s payday and you’re financially tapped. You know that there are huge penalties, fines, and other repercussions for failing to pay your employees on time but you just don’t have the payroll funding you need to pay your people.

Luckily, there are funding options to get you out of this predicament. Better yet, there are ways to ensure that you don’t fall into this trap in the first place. Keep reading to get our best tips on how to ensure you stay solvent and liquid, even in the leanest times.

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Payroll Funding Through a Business Line of Credit

Article summary: A business line of credit is often the first tool a company turns to for emergency payroll funding. With Financing Solutions a business owner or a nonprofit executive director can have their line in place in 48-72 hours allowing you to fund payroll when cash flow is down. Why Payroll Funding is More […]

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