Payroll funding is an ideal solution to overcome cash flow inconsistencies caused by slow-paying clients, rapid growth periods, and seasonal patterns experienced by staffing agencies. Get started with payroll funding today to eliminate Net 30+ and smooth out uneven cash flow for your agency.
LSQ’s knowledge and intuitiveness about the business and how things work saved me from catastrophe. They underpromised and overdelivered.——————————————————————————————————————————————————– Gaynor BlackmonCEO, GB Resources
Businesses often use invoice financing as a means to fund a variety of business initiatives, including capital investments, purchasing inventory, and... Read More
When GB Resources' largest client made changes to their payment practices, the staffing and recruitment agency suddenly faced a cash flow dilemma... Read More
In simplest terms, a factor purchases a client’s receivables (invoices), advancing to the client upfront a portion of the receivables’ face value in cash... Read More
Approval is easy, and funding is scalable to grow with your staffing agency!
© LSQ 2020
Payroll funding is a cash flow management solution that quickly turns unpaid invoices and unbilled receivables into steady, predictable working capital for staffing agencies.
Also known as invoice financing, payroll funding eliminates the risks involved with having to wait weeks or months for invoices to process by advancing payment, typically within 24 hours.
Payroll funding is commonly used by staffing agencies to meet payroll requirements, support business operations, and stimulate growth.
TURN RECEIVABLES INTO CASH
Expedited underwriting and onboarding process
Competitive pricing and advance rates
Access to funds same business day
Facilities up to $50 million
No financial covenants or long-term contracts
Debt-free capital source enhances balance sheet health
IMPROVE YOUR FINANCIAL HEALTH
Payroll funding is a straightforward solution that advances up to 90% of invoice value and deposits the rest into your staffing agency's account, minus a nominal fee once the invoice is paid.
Payroll funding improves liquidity without adding debt to your balance sheet. Instead of waiting to get paid, your agency can receive cash within one business day and put it to work immediately. With LSQ, you get the speed and scalability to grow at your own pace.
REDUCE DAYS SALES OUTSTANDING
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CONQUER YOUR CASH FLOW
FINANCIAL SOLUTIONS
PARTNERS
Certain financing may be made through LS DE LLC's Department of Corporations Finance Lenders' License pursuant to California Financing Law.
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Same-Day Funding
24/7 Mobile Access
Real-Time Reporting
Easy Invoice Uploads
Submit new invoices and turn them into cash on the same day.
Access your account anytime, anywhere, from any device.
Monitor the performance of your AR with real-time reporting tools.
Upload from any device, or take a picture directly from your phone.
LSQ Dashboard
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Step 1
You send invoice(s) to your customer as you normally would
Step 2
LSQ purchases the invoice(s) and pays you up to 90% of the original price within 24 hours
Step 3
Your customer pays LSQ, giving you the remainder, minus any fees