Factoring for Technology Companies

Posted by on Jan 14, 2015 in Technology Financing | 3 comments

Technology IT companies are experiencing a long period of growth and often use temporary staffing companies to fulfill their needs.   Over the last 14 years, IT employment has increased more than 41%, compared to just 3.3% for total employment. IT temporary staffing is projected to grow another 7% in 2015 and reach $27.8 billion.  This means big business for tech companies and it also means they need to be prepared with the proper working capital in order to take advantage of the continued...

Read More

Factoring Tech Companies

Posted by on Oct 21, 2013 in Business Tools, Technology Financing | 0 comments

 Technology companies, whether a start-up or IT industry veteran, can run into cash flow issues. Tech companies can’t wait 30-60 days without getting paid and expect to meet payroll and have the working capital to expand to new markets.    Invoice factoring and purchase order financing can be the ideal solution to helping the IT industry with their cash flow needs.   Factoring companies don’t look at your businesses credit. Instead, we look at the creditworthiness of your...

Read More

Back to Top