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CSI Offers Alternative Financing for Staffing Agencies

October 22, 2015, 07:43 AM
Filed Under: New Product

Staffing agencies are having challenges finding traditional financing options for their staffing contract needs. CSI’s Staffing Agency Financing is available for staffing agencies facing payroll issues, cash flow timing problems and capacity for larger contracts. “Even after being awarded a large staffing contract, staffing agencies are having trouble obtaining the necessary working capital to achieve continued success for their agency,” said CEO, Christopher A. Smith. Smith states, “Staffing Agency Financing can fill that financial need with a product that offers a solution that has flexibility for growth, reliability for cash flow, and ability to pay employees on time.”

Staffing Agency Financing applications are normally processed in one business day or less. There are two products: Staffing Agency Factoring and Staffing Agency Loans. Staffing Agency Factoring is provided for startups and established agencies that have outstanding invoices. Staffing Agency Loans are provided to select applicants for short-term working capital needs to begin a new staffing contract.

Staffing Agency Financing is a specialty product offered by CSI Factoring LLC. CSI has been providing Staffing Agency Financing across the nation since 2010. CSI Factoring LLC specializes in originating, structuring and providing accounts receivable financing solutions to commercial borrowers. CSI Factoring is a subsidiary of CSI Holdings LLC, a diversified commercial finance company with a niche of lending to small businesses.

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