IT / Staffing businesses commonly have to wait 30-60 days to get paid by their clients. Therefore, our research has found that many IT & Staffing companies prefer to sell their invoices to a financing company and receive the cash today. Of course this method, otherwise known as invoice factoring comes with a cost; Businesses that opt into this type of financing can expect to receive 85% of the invoice value today and the remaining 15% minus fee’s when the invoices are paid in full to the financing company.
Invoice Factoring can be a very good solution for an IT & Staffing business that is looking to grow. However, it’s very important to be working with the right factoring company and understanding the fee structure.
If you own an IT & Staffing business and are looking to grow your business, please give us a call. We’re confident we can get you set up quickly with the right financing company for your business.
25 years I've managed my family owned flower shop. When bad weather hit and sales were down we needed capital and fast. Our bank wasn't willing to expand our Line of Credit, at-least not for 30 days, and we were in a big jam. Blue Rock Capital was able to get us the funds we needed in less than 3 days from applying. They moved quickly and most important were honest , not hiding any fee's. The capital wasn't the cheapest , but it was necessary , with flexible payback terms. Keep it up youngins! I'll definitely be working with ya'll again in the future
Colin Cook June 2019
Google
I've been working with Jake for several years now and he has consistently met our funding needs. Blue Rock has excellent customer service and they expedite the lending process when needed. I would absolutely recommend this company to anyone requiring capital regardless of one's own current financial position. You will not be disappointed.
George Noory June 2019
Google
When I needed financing , Blue Rock Capital made it happen!
