Simplify Payroll & Scale
Your Staffing Business
Simplify Payroll
& Scale Your
Staffing Business
Elevate your growth with payroll funding. It’s a flexible solution that ensures you always have the cash flow needed to meet payroll obligations on time.
Stay competitive, attract top talent, and scale your business without the burdens of traditional financing.
Outstanding invoices can sometimes make it difficult for you to make payroll or say “yes” to new business opportunities.
TempWorks partners with our sister company, Lone Oak Payroll, to offer our clients an integrated funding solution. Through payroll funding, we help you secure the finances you need to pay your team and grow your staffing business.
TempWorks combines our 25+ years of experience in software, service, and finance to help you reach your goals.
Whether you need individualized consulting, best-in-class software to improve your workflows, or funding, our teams are here for you.
Why Work With TempWorks for Payroll Funding?
Invoice Factoring
Maximize cash flow to boost your growth.
Payroll funding and flexible financing allow you to build a strong foundation, take on new opportunities, reduce administrative costs, and grow your business.
Industry Experts
Unlike big banks, at TempWorks, we know staffing.
Improve payroll, billing, year end, and collection efficiencies with the support of our industry experts.
Staffing Software
We don’t stop at payroll funding. You’ll also have access to our robust, end-to-end staffing software.
Our back-office solution offers tools for managing billing, payroll, taxes, and collections—all in one centralized system.
24/7 Support
Our Support team and your dedicated account manager are always by your side.
We’re available 24/7 to answer questions and stay focused on delivering solutions tailored to your business.
What Is Payroll Funding?
Staffing companies of all sizes are no strangers to extended payment terms. Unfortunately, these terms may leave you short of funds when it’s time for payroll. You might also have to turn down new business without the right cash flow, preventing you from growing.
Payroll funding (also known as invoice factoring) allows you to bridge cash flow gaps while you wait for your customers to pay their invoices. TempWorks partners with Lone Oak Payroll to help ensure that you have access to the capital you need to fuel your growth and secure valuable opportunities.
Step 1
You receive an order from a customer.
Step 2
Your team generates an invoice for the job order from within the TempWorks software database.
Step 3
Lone Oak Payroll advances a percentage of the funds to pay for expenses like payroll, taxes and the factoring fee.
Step 4
The remaining amount after payroll, taxes and fees is deposited in your account.
Step 5
Lone Oak collects payments from your customers and processes the final funding.
Step 6
The final reserves are deposited into your account.
How Does Payroll Funding
Work at TempWorks?
Access to cash flow shouldn’t be complex or complicated.
Unlike banks, we don’t require endless documentation and unnecessary processes to unlock your company’s cash flow potential.
We keep our payroll funding process simple and straightforward, allowing you to focus on growing your business.
Get Started With Payroll Funding Today
It’s easy to meet the needs of your employees and scale your business when you partner with TempWorks for payroll funding. To access the cash flow you need today, reach out to our team of experts.
Need Assistance?
Consulting
Your agency is unique. That's why you need customized solutions. Using our 200+ years of front-line staffing experience, we identify gaps in your operations and recommend solutions.
documentation
Learn how to use our wide range of staffing software solutions with this collection of useful tools and resources.
tech support
Need support with one of the TempWorks platforms? We're here to help. Chat with a representative live, check out our self-service portal, or give us a call now at 651-452-0366.
AWARD WINNING
