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Prosperity Funding, Inc. Regarding Funding Temp Staffing

Good News & Bad News Regarding Funding a Temp Staffing Business

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You just landed a huge new temp staffing contract, now how do you pay for it? Prosperity Funding, the funding source for temp staffing has the solution you are seeking!

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Page 1: Good News & Bad News Regarding Funding a Temp Staffing Business

Prosperity Funding, Inc.

Regarding Funding Temp Staffing

Page 2: Good News & Bad News Regarding Funding a Temp Staffing Business

Good News – Scenario #1

• You landed a HUGE new Temp Staffing Contract

Page 3: Good News & Bad News Regarding Funding a Temp Staffing Business

Bad News

• Now How Do I Pay For it?

Page 4: Good News & Bad News Regarding Funding a Temp Staffing Business

Good News Scenario #2

• I finally landed that client after 2 years

Page 5: Good News & Bad News Regarding Funding a Temp Staffing Business

Bad News

• Now how to I keep up with the new payroll?

Page 6: Good News & Bad News Regarding Funding a Temp Staffing Business

Good News Scenario #3

• My client wants to add more temps to payroll

Page 7: Good News & Bad News Regarding Funding a Temp Staffing Business

Bad News

• My Work Comp Costs Just Went Up

Page 8: Good News & Bad News Regarding Funding a Temp Staffing Business

Good News

• Prosperity Funding is here to provide all the working capital I will need to cover payroll, taxes, and other operating expenses!

Page 9: Good News & Bad News Regarding Funding a Temp Staffing Business

Bad News

• I Haven’t Called Prosperity Funding… yet

Page 10: Good News & Bad News Regarding Funding a Temp Staffing Business

Don’t Worry

• Call Prosperity Funding today, and we can provide all the working capital you need to grow your temporary staffing firm

Page 11: Good News & Bad News Regarding Funding a Temp Staffing Business

Based in Raleigh, NC

Welcome to an evolution in funding, an innovative leap forward

in service, aggressive pricing structures, quick approval times,

and superior administrative support

Page 12: Good News & Bad News Regarding Funding a Temp Staffing Business

The Next Generation of Funding

• Our team has funded hundreds of staffing-firm clients of all sizes, accounting for millions of dollars per year in support

• Proven staffing industry credentials, with previous staffing-firm ownership experience

• Recognized by prominent industry associations for our long-term contributions to the staffing industry

Page 13: Good News & Bad News Regarding Funding a Temp Staffing Business

Comprehensive Financial Services

• Unlimited funding, with liberal advance rates, up to 100% of your receivables

• Collections posted daily

• Competitive pricing

• Invoice-specific

• No hold-backs, no invoice batching

• Growth capital

• Online reporting, with complete access to accounts, financial reports, deposits and P&L statements

Page 14: Good News & Bad News Regarding Funding a Temp Staffing Business

Complete Administrative Services

• Total payroll and payroll tax administration

• Deductions, Garnishments

• W2s, year-end

• On-site check printing, if needed

• Employee direct deposit and payroll cards

• Invoicing/statements with your company logo

• Online reporting

• Industry-leading software

• Credit and collections abilities

Page 15: Good News & Bad News Regarding Funding a Temp Staffing Business

Cutting-Edge Strategic Services

• Strategic consultation, to include:

1. Start-up advice

2. Credit Services

3. New Business Development

4. Expansion/Growth

5. Mergers & Acquisitions

6. Exit Strategies

Page 16: Good News & Bad News Regarding Funding a Temp Staffing Business

Funding-Only

• For staffing companies that already have software and payroll systems in place, Prosperity can offer a funding-only option, to include:

1. Unlimited funding, with liberal advance rates up to 100% of your receivables

2. Collections posted daily

3. Competitive pricing, invoice-specific

Page 17: Good News & Bad News Regarding Funding a Temp Staffing Business

Specialty Staffing Focus

• Administrative/Clerical • Light and Heavy Industrial • Information Technology • Healthcare • Accounting/Bookkeeping/Finance • Professional

Page 18: Good News & Bad News Regarding Funding a Temp Staffing Business

Prosperity Memberships

Page 19: Good News & Bad News Regarding Funding a Temp Staffing Business

Client Testimonial

• “The two most important issues in cash management for a growing business are flexibility and speed with your funding source. In the last four years, Prosperity Funding has been the ultimate in both areas. As we have grown and our funding requirements have changed, Prosperity has modified our arrangement to better match the requirements of our new accounts. When we have required short-term funding to cover the cost of new business opportunities, they have always been there for us. Their personal service has provided us with funding when we needed it and how we needed it. This has allowed us to confidently sell new business and know that we will have the funding in place to make it happen. Prosperity Funding defines what we look for in a business partner.”

Jerry Sanders, Broadview Staffing Services

Page 20: Good News & Bad News Regarding Funding a Temp Staffing Business

Client Testimonial

• “We have been a client of Prosperity Funding for four years and have found the staff to be consistently knowledgeable and friendly. As our company has grown, they have been behind us and often offered creative and helpful guidance along the way. It was priceless to have Prosperity at our side as we went through two devastating hurricanes in as many years. Prosperity has offered the perfect balance between being a seasoned partner and an accessible advisor. They have strengthened our organization and we are grateful for the special relationship we share.”

Stephen & Patti Baker, Pro Tec, Inc.

Page 21: Good News & Bad News Regarding Funding a Temp Staffing Business

Contact Us

Prosperity Funding, Inc.

308-D West Millbrook Rd, Suite 200

Raleigh, NC 27609

(919) 954-0232 (Office)

1-877-ENRICH9 (Toll Free)

(815) 550-2416 (Fax)

www.prosperityfunding.com

Page 22: Good News & Bad News Regarding Funding a Temp Staffing Business

Prosperity on the Web

Prosperity Page on Facebook

Prosperity Linkedin Group

Prosperity Funding Blog

Page 23: Good News & Bad News Regarding Funding a Temp Staffing Business

Business Development Contact Dale Busbee, CSP, TSC

Vice President, Business Development Officer Based in New Orleans, LA (985) 641-8817 (Office)

(985) 640-2782 (Cell) (815) 550-2416 (Fax)

[email protected]