Why Work with a Factoring Broker

Streamline the Process with a Factoring Broker

Working with a factoring broker has several advantages. A factoring broker, such as EZ Staffing Factoring, does the heavy lifting of connecting a business with a factoring company. Handling staffing factoring alone can be overwhelming and time consuming. A factoring broker relieves some of this pressure by conducting the factor search.

What is a Factoring Broker?

A factoring broker bridges the gap between businesses looking for quicker payment on their invoices and an invoice factoring company who can help them. Factoring brokers have extensive industry knowledge and a wide range of relationships with different kinds of factoring companies. 

It’s the factoring broker’s job to connect people looking for invoice factoring directly with companies that provide the funding. 

Why Work with a Factoring Broker

Staffing factoring can be overwhelming and time consuming when you have to do it all by yourself. Factoring brokers help you through this process and make sure your company can meet the payroll. 

Faster Funding 

Working with a factoring broker can get you funded faster than a traditional bank loan. In some cases, you can receive funds in as little as several hours. 

Best Deals/Rates 

Factoring brokers have extensive industry relationships with a variety of factoring companies. They’ll work with you to find the best deal/rate for your business. 

The Right Funder 

Factoring brokers work with you and your business to create a specialized financing plan that fits your industry and circumstances. They’ll match you with a factoring company that supports your needs. 

Avoid Mistakes 

With extensive industry knowledge and networks, factoring brokers can help you avoid mistakes when choosing the right factoring company for your business.