good news & bad news when it comes to funding your temporary staffing business
TRANSCRIPT
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Prosperity Funding, Inc.
Regarding Funding Temp Staffing
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Good News – Scenario #1
• You landed a HUGE new Temp Staffing Contract
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Bad News
• Now How Do I Pay For it?
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Good News Scenario #2
• I finally landed that client after 2 years
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Bad News
• Now how to I keep up with the new payroll?
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Good News Scenario #3
• My client wants to add more temps to payroll
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Bad News
• My Work Comp Costs Just Went Up
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Good News
• Prosperity Funding is here to provide all the working capital I will need to cover payroll, taxes, and other operating expenses!
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Bad News
• I Haven’t Called Prosperity Funding… yet
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Don’t Worry
• Call Prosperity Funding today, and we can provide all the working capital you need to grow your temporary staffing firm
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Based in Raleigh, NC
Welcome to an evolution in funding, an innovative leap forward
in service, aggressive pricing structures, quick approval times,
and superior administrative support
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The Next Generation of Funding
• Our team has funded hundreds of staffing-firm clients of all sizes, accounting for millions of dollars per year in support
• Proven staffing industry credentials, with previous staffing-firm ownership experience
• Recognized by prominent industry associations for our long-term contributions to the staffing industry
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Comprehensive Financial Services
• Unlimited funding, with liberal advance rates, up to 100% of your receivables
• Collections posted daily
• Competitive pricing
• Invoice-specific
• No hold-backs, no invoice batching
• Growth capital
• Online reporting, with complete access to accounts, financial reports, deposits and P&L statements
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Complete Administrative Services
• Total payroll and payroll tax administration
• Deductions, Garnishments
• W2s, year-end
• On-site check printing, if needed
• Employee direct deposit and payroll cards
• Invoicing/statements with your company logo
• Online reporting
• Industry-leading software
• Credit and collections abilities
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Cutting-Edge Strategic Services
• Strategic consultation, to include:
1. Start-up advice
2. Credit Services
3. New Business Development
4. Expansion/Growth
5. Mergers & Acquisitions
6. Exit Strategies
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Funding-Only
• For staffing companies that already have software and payroll systems in place, Prosperity can offer a funding-only option, to include:
1. Unlimited funding, with liberal advance rates up to 100% of your receivables
2. Collections posted daily
3. Competitive pricing, invoice-specific
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Specialty Staffing Focus
• Administrative/Clerical • Light and Heavy Industrial • Information Technology • Healthcare • Accounting/Bookkeeping/Finance • Professional
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Prosperity Memberships
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Client Testimonial
• “The two most important issues in cash management for a growing business are flexibility and speed with your funding source. In the last four years, Prosperity Funding has been the ultimate in both areas. As we have grown and our funding requirements have changed, Prosperity has modified our arrangement to better match the requirements of our new accounts. When we have required short-term funding to cover the cost of new business opportunities, they have always been there for us. Their personal service has provided us with funding when we needed it and how we needed it. This has allowed us to confidently sell new business and know that we will have the funding in place to make it happen. Prosperity Funding defines what we look for in a business partner.”
Jerry Sanders, Broadview Staffing Services
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Client Testimonial
• “We have been a client of Prosperity Funding for four years and have found the staff to be consistently knowledgeable and friendly. As our company has grown, they have been behind us and often offered creative and helpful guidance along the way. It was priceless to have Prosperity at our side as we went through two devastating hurricanes in as many years. Prosperity has offered the perfect balance between being a seasoned partner and an accessible advisor. They have strengthened our organization and we are grateful for the special relationship we share.”
Stephen & Patti Baker, Pro Tec, Inc.
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Contact Us
Prosperity Funding, Inc.
308-D West Millbrook Rd, Suite 200
Raleigh, NC 27609
(919) 954-0232 (Office)
1-877-ENRICH9 (Toll Free)
(815) 550-2416 (Fax)
www.prosperityfunding.com
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Prosperity on the Web
Prosperity Page on Facebook
Prosperity Linkedin Group
Prosperity Funding Blog
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Business Development Contact Dale Busbee, CSP, TSC
Vice President, Business Development Officer Based in New Orleans, LA (985) 641-8817 (Office)
(985) 640-2782 (Cell) (815) 550-2416 (Fax)