Industry Success Stories

Staffing/Recruiting

Several years ago an individual approached EBF with a request to factor the A/R of their company. While the business was brand new, the principals had been in the staffing industry for many years.

They had a great contact list and saw a tremendous opportunity to provide contract workers to several large corporations. While the profit was excellent, it required substantial funds to payroll all these new employees. Their customer was a large corporation with solid credit but they were always slow to pay and the independent contractors wanted to be paid bi-weekly.

With the help of EBF, the company was able to build their contractor base quickly and after only 18 months had a payroll over $500,000 per month generating a substantial return. This would not have been possible without EBF’s A/R Financing solution. If you operate a staffing company that is turning away new business due to a lack of working capital, call The EBF Group today at (877) 323-4769. We understand the unique challenges and opportunities associated with the staffing and recruiting industry. EBF can provide the additional cash flow you require to take on new contract employees, submit your source deductions on schedule and increase your client base.