Industries We Serve

Established staffing agencies may experience cash flow pressure when payroll and operating expenses are due before client invoices are paid. Factoring eligible invoices can provide working capital to help cover expenses such as:

• Weekly payroll

• Marketing and sales costs

• Administration and overhead

• Other ongoing business expenses

Following review and verification, Summit Stone may provide an agreed advance against eligible receivables.

Established security companies often pay employees weekly or bi-weekly while waiting longer for customers to pay their invoices. Factoring eligible receivables can help these businesses manage payroll and operating expenses during the payment cycle.

Following review and verification, Summit Stone may advance an agreed portion of an eligible receivable. The receivable is then collected according to its payment terms and the applicable factoring arrangement.

Established wholesale and distribution businesses may need to purchase or restock inventory before receiving payment from customers. This timing gap can place pressure on working capital and affect regular operations.

Factoring eligible commercial receivables can provide access to working capital during the payment cycle. Businesses may use these funds to pay suppliers, manage operating expenses or respond to new orders, subject to the applicable factoring arrangement.