Staffing Companies Cash Flow Miracle Invoice Financing Secrets
Financial Considerations and Costs
While invoice financing offers numerous benefits, it's essential to understand the associated costs. The fees charged by factors can vary based on the industry, client creditworthiness, and the volume of invoices. Typically, fees range from 1% to 5% of the invoice value1. Staffing companies should carefully evaluate these costs against the benefits of improved cash flow and operational flexibility.