Fuel Your Staffing Agency’s Growth with
Reliable Payroll Funding Solutions
Never worry about meeting payroll again.
TempFunding provides fast, flexible funding tailored for staffing agencies like yours.
Fuel Your Staffing Agency’s Growth with
Reliable Payroll Funding Solutions
Never worry about meeting payroll again.
TempFunding provides fast, flexible funding tailored for staffing agencies like yours.
TempFunding: Your Partner in
Growth and Stability
Running a staffing agency requires more than just great talent—it requires financial stability, especially when your clients (take a little extra time to pay) take weeks or months to pay. TempFunding is here to bridge that gap, providing the payroll funding you need to operate smoothly, meet payroll deadlines, and fuel growth without waiting on client payments.
Why TempFunding
is the Right Choice for Staffing Agencies
Industry Expertise
We specialize in the staffing industry. Our deep understanding of your cash flow challenges allows us to create customized solutions that perfectly align with your needs.
Rapid Funding, Consistent Cash Flow
Our streamlined process enables us to provide funding within 24 hours of receiving your approved invoices. Say goodbye to payroll stress and focus on growing your business.
Transparent Fees, No Hidden Costs
At TempFunding, we believe in complete transparency. Our clear fee structure means you’ll never be surprised by hidden charges.
How Payroll Funding Works at TempFunding
Invoice Your Clients
Do what you do best—connect talent with employers. Send out your invoices as usual once the work is done.
Submit Invoices to TempFunding
Send your invoices to us, and we’ll advance up to 80% of the invoice value within 24 hours, ensuring you have the cash to cover payroll.
Receive Client Payment and Balance Settlement
Once your client pays the invoice, we’ll remit the remaining balance to you, minus transparent fees.
Three Simple Steps to Reliable Cash Flow
TempFunding Benefits:
More Than Just Cash Flow
Stability and Growth
Ensure your business operates smoothly, even when client payments are delayed. TempFunding gives you the financial stability to focus on expanding your business.
Debt-Free Financing
Our payroll funding isn’t a loan—it’s an advance on your invoices. This means no added debt and no impact on your credit score.
Scalable to Your Business Needs
Whether you have five clients or fifty, our funding adapts to your growth. The more invoices you generate, the more funding you can access
Dedicated Client Support
Our support team is here to guide you, answer tyour questions, and help you maximize he value of your payroll funding.
Industries We Serve
We’re committed to helping a diverse range of staffing and service-based industries. From temporary staffing to professional consulting firms, TempFunding is here to meet your payroll funding needs.
Staffing &
Recruitment
Agencies
Janitorial and Maintenance Services
Professional
Consulting Firms
Healthcare
Staffing
IT Services
Freelance and
B2B Service
Providers
Our Clients’
Experiences
Ready to turn your business into a success story?
Discover the strategies that make a real difference.
Immediate Cash Flow
Traditional loans can take weeks for approval, but payroll funding provides cash within 24 hours of submitting your invoices.
Adaptable to Your Needs
With payroll funding, you’re not restricted by loan limits. As your business grows and your invoicing volume increases, your funding capacity grows too.
Immediate Cash Flow
Traditional loans can take weeks for approval, but payroll funding provides cash within 24 hours of submitting your invoices.
Adaptable to Your Needs
With payroll funding, you’re not restricted by loan limits. As your business grows and your invoicing volume increases, your funding capacity grows too.
Payroll Funding vs. Traditional Financing
Unlike traditional loans that require long approval times, collateral, and add debt to your balance sheet, TempFunding provides payroll funding based on the value of your invoices. It’s fast and flexible.
Frequently Asked Questions
What is payroll funding, and how does it differ from traditional loans?
Payroll funding is a financial service specifically designed to help staffing agencies and similar businesses cover payroll expenses by advancing funds against unpaid invoices. Unlike traditional loans, which add debt to your balance sheet, payroll funding provides an advance on your existing receivables. This means no additional debt, collateral, or lengthy approval processes, allowing you to access cash quickly without impacting your credit.
How long does it take to get approved for payroll funding?
Our approval process is streamlined to meet the urgent cash flow needs of staffing agencies. Most clients receive approval within a few days after submitting the required documentation. Once approved, funding requests are processed within 24 hours of submitting your invoices, meaning you can count on quick access to cash whenever you need it.
Can TempFunding help me even if my clients have long payment terms?
Absolutely. We understand that many clients in industries like healthcare, IT, and professional services often have payment terms of 30, 60, or even 90 days. TempFunding provides cash flow when you need it, so you’re no longer at the mercy of extended client payment schedules.
What are the costs associated with payroll funding?
Our pricing is based on a small, transparent fee that depends on factors like invoice volume, client creditworthiness, and the size of your business. We discuss all fees upfront, so you know exactly what to expect. There are no hidden fees or surprises.
Do I need to notify my clients that I am using TempFunding’s payroll
funding services?
funding services?
No, you don’t have to inform your clients unless you choose to. TempFunding operates discreetly, and there’s no obligation to let your clients know you’re using a funding service.
What types of invoices can I submit for funding?
TempFunding accepts invoices from creditworthy clients across a range of industries. Our team performs a credit evaluation on your clients to ensure they meet our standards. This helps us secure your business’s financial stability and maintain consistent cash flow.
What happens if my client doesn’t pay their invoice?
If a client doesn’t pay an invoice, TempFunding will work with you to determine the best course of action. We may assist in the collections process, or in some cases, we’ll arrange repayment terms that work with your cash flow needs. Our upfront credit checks help mitigate this risk, but we understand that unpaid invoices can happen and we’re here to support you through it.
Is there a minimum or maximum funding limit?
We offer flexible funding amounts that scale with your business. Whether you need funding for a few thousand dollars or larger sums, we can work with you to establish funding limits that align with your receivables volume and growth plans.
Can I submit invoices from any industry?
We specialize in supporting staffing agencies and service-based businesses across industries like healthcare, IT, janitorial services, consulting, and more. If you’re unsure if your industry qualifies, contact us to discuss your specific needs and we’ll be happy to provide guidance.
How does payroll funding impact my balance sheet and tax reporting?
Payroll funding does not add debt to your balance sheet since it is not a loan. Instead, it improves liquidity by advancing cash against your receivables. For tax reporting, funds received through payroll funding are not considered income. However, you may wish to consult with an accountant or tax professional to understand how it impacts your specific financial statements.
What documentation is required to apply for payroll funding?
We keep the documentation requirements simple to get you funded quickly. Typically, we’ll need basic business information, recent financial statements, and a list of client invoices you’d like to submit for funding. Our team will guide you through the process and answer any questions.
Can I use payroll funding as a long-term financing solution?
Yes, payroll funding can be used for both short-term cash flow needs and as a part of your long-term financing strategy. Many of our clients rely on payroll funding to cover payroll expenses consistently, allowing them to focus on scaling their business and expanding their client base without cash flow interruptions.
What protections does TempFunding offer to ensure my funds are secure?
We prioritize your financial security. TempFunding conducts rigorous client credit checks before funding invoices and works with you to develop tailored funding solutions that fit your business model. In addition, we maintain transparent terms and fees to provide peace of mind.
How do I start the payroll funding process?
Starting is easy! Simply fill out our online application or get in touch with our team. We’ll provide a free consultation, review your needs, and give you a custom quote. Once approved, you can begin submitting invoices for funding and receiving cash within 24 hours.
Get Started with
TempFunding Today
Are you ready to take control of your cash flow, meet payroll on time, and set your agency up for growth? Contact TempFunding to discover how our payroll funding solutions can provide the financial stability you need.
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Understanding Payroll Funding Risks and Protections
Risks Associated with Payroll Funding
Client Non-Payment: One of the primary risks of payroll funding is the potential for clients not paying their invoices. Since payroll funding is based on the value of your accounts receivable, unpaid invoices can create a financial gap. TempFunding mitigates this risk by conducting thorough credit evaluations on each of your clients to assess their payment reliability. This helps us work with clients who have a strong track record of paying on time.
Impact on Margins: The cost of payroll funding, while typically small and transparent, does reduce the margin on your invoices slightly. However, this cost is often outweighed by the benefits of consistent cash flow and the ability to meet payroll obligations promptly. By allowing you to take on more clients and avoid late payroll fees, payroll funding can ultimately improve your overall profitability.
Dependency on Funding: It’s essential to use payroll funding strategically, as some businesses may become too reliant on external funding for cash flow. At TempFunding, we work closely with you to ensure that our funding solutions support your business sustainably, with an eye on future growth and stability. We encourage you to balance funding with sound cash flow management practices.
Risks Associated with Payroll Funding
Client Non-Payment: One of the primary risks of payroll funding is the potential for clients not paying their invoices. Since payroll funding is based on the value of your accounts receivable, unpaid invoices can create a financial gap. TempFunding mitigates this risk by conducting thorough credit evaluations on each of your clients to assess their payment reliability. This helps us work with clients who have a strong track record of paying on time.
Impact on Margins: The cost of payroll funding, while typically small and transparent, does reduce the margin on your invoices slightly. However, this cost is often outweighed by the benefits of consistent cash flow and the ability to meet payroll obligations promptly. By allowing you to take on more clients and avoid late payroll fees, payroll funding can ultimately improve your overall profitability.
Dependency on Funding: It’s essential to use payroll funding strategically, as some businesses may become too reliant on external funding for cash flow. At TempFunding, we work closely with you to ensure that our funding solutions support your business sustainably, with an eye on future growth and stability. We encourage you to balance funding with sound cash flow management practices.
Risks Associated with Payroll Funding
Client Credit Evaluation: To protect your business from unpaid invoices, TempFunding evaluates the creditworthiness of each client before advancing funds. This proactive step helps reduce the risk of non-payment, ensuring that you work with clients who are likely to pay on time. This allows us to provide funding with confidence, and it minimizes your exposure to risky accounts.
Flexible Repayment Arrangements: In cases where an invoice remains unpaid for an extended period, TempFunding offers flexible repayment options to ease the impact on your cash flow. We understand the challenges of running a business and will work with you to develop a repayment plan that aligns with your financial situation. Our goal is to help you maintain cash flow stability even when unexpected client delays occur.
No Hidden Fees or Long-Term Contracts: Our transparent pricing structure means there are no hidden fees, long-term contracts, or unexpected costs. We disclose all fees upfront, and you are free to use our services as needed, without being locked into restrictive agreements. This flexibility provides security and allows you to manage cash flow confidently.
Scalable Funding Solutions: TempFunding’s payroll funding adapts as your business grows. As your client base and invoice volume increase, so does your access to funding. This scalability allows you to take on larger contracts, expand into new markets, and grow without worrying about cash flow constraints. Your funding grows with you, giving you peace of mind as you expand.
Dedicated Support Team: Our knowledgeable support team is here to help you navigate any challenges or questions that arise throughout your funding journey. We provide personalized guidance on managing receivables, handling collections, and making the most of your funding solution. With TempFunding, you’re never alone—we’re here to support your business growth and financial health.
Focus on Financial Education: In addition to funding, TempFunding offers resources to help you improve your cash flow management and financial planning. We believe that empowered, informed clients are successful clients, so we provide educational materials, workshops, and one-on-one consultations on cash flow strategies tailored to staffing agencies.
Risks Associated with Payroll Funding
Client Credit Evaluation: To protect your business from unpaid invoices, TempFunding evaluates the creditworthiness of each client before advancing funds. This proactive step helps reduce the risk of non-payment, ensuring that you work with clients who are likely to pay on time. This allows us to provide funding with confidence, and it minimizes your exposure to risky accounts.
Flexible Repayment Arrangements: In cases where an invoice remains unpaid for an extended period, TempFunding offers flexible repayment options to ease the impact on your cash flow. We understand the challenges of running a business and will work with you to develop a repayment plan that aligns with your financial situation. Our goal is to help you maintain cash flow stability even when unexpected client delays occur.
No Hidden Fees or Long-Term Contracts: Our transparent pricing structure means there are no hidden fees, long-term contracts, or unexpected costs. We disclose all fees upfront, and you are free to use our services as needed, without being locked into restrictive agreements. This flexibility provides security and allows you to manage cash flow confidently.
Scalable Funding Solutions: TempFunding’s payroll funding adapts as your business grows. As your client base and invoice volume increase, so does your access to funding. This scalability allows you to take on larger contracts, expand into new markets, and grow without worrying about cash flow constraints. Your funding grows with you, giving you peace of mind as you expand.
Dedicated Support Team: Our knowledgeable support team is here to help you navigate any challenges or questions that arise throughout your funding journey. We provide personalized guidance on managing receivables, handling collections, and making the most of your funding solution. With TempFunding, you’re never alone—we’re here to support your business growth and financial health.
Focus on Financial Education: In addition to funding, TempFunding offers resources to help you improve your cash flow management and financial planning. We believe that empowered, informed clients are successful clients, so we provide educational materials, workshops, and one-on-one consultations on cash flow strategies tailored to staffing agencies.
Contact Us
Our team is here to help you with all your payroll funding questions. Reach out today to learn how TempFunding can help you achieve cash flow consistency and business growth.
- info@tempfunding.ca
- 289-295-1700
- 500-10 Carlson Court, Etobicoke, Ontario M9W 6L2
500-10 Carlson Court, Etobicoke,
Ontario M9W 6L2
Stay Connected
Follow us on social media for payroll funding tips, industry insights, and success stories.
© 2025 Temp Funding. All rights reserved.
Stay Connected
Follow us on social media for payroll funding tips, industry insights, and success stories.
© 2025 Temp Funding. All rights reserved.