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How Can Staffing Companies Deal With Cash Flow Difficulties?

By Summar FinancialIn Staffing, Market Trends & InsightsPosted April 3, 2024

You’ve likely heard this before… “When Payroll is due - but you are waiting 30-90 days to receive payments from your clients, it may be tough to cover weekly payroll.”

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How Does Factoring for Staffing Companies Work?

By Summar FinancialIn Staffing, Cash Flow & FinancePosted March 26, 2024

Staffing firms are the backbone of modern workforce management, providing crucial human capital solutions driven by a timely and compliant payroll.

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What is Payroll Funding? Understanding Staffing Factoring

By Summar FinancialIn Staffing, Cash Flow & FinancePosted March 19, 2024

In the staffing industry, it is paramount to have consistent cash flow to achieve success. However, more often than not, ensuring that cash is available to make timely payroll can feel like a continuous tightrope walk for staffing companies and temp agencies.

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The Advantages of Factoring for Temp Staffing Agencies

By Summar FinancialIn Staffing, Cash Flow & FinancePosted March 19, 2024

Do you own or have leadership duties at a staffing firm? How would you rank your biggest business stressors? I'm betting working capital or, more specifically, funding payroll is at the top of the list.

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How Can Truckers Survive Slow or Challenging Markets?

By Summar FinancialIn Trucking, Market Trends & InsightsPosted October 4, 2023

The last few months have been proof of how everything can change in a matter of days. 

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Choose the Perfect TMS for Your Small Trucking Company

By Summar FinancialIn Trucking, Operations & TechnologyPosted October 2, 2023

Finding the best fit can be overwhelming in a world full of options, especially regarding technology.

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Three Ways to Increase Cash Flow for your Small Business

By Summar FinancialIn SMBs, Business Growth & StrategyPosted June 15, 2023

Business owners still believe cash flow is a top concern. In fact, a study published by Capital One suggests that cash flow is a concern keeping small business owners up at night.

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Turn Your Cash Flow Into a Competitive Advantage

By Summar FinancialIn Trucking, Cash Flow & FinancePosted June 15, 2023

It's no secret that cash flow, or the lack of it, is a risk factor for many companies.

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Seven Starter Steps to Organize Your Small Business Finances

By Summar FinancialIn SMBs, Business Growth & StrategyPosted March 28, 2023

Going into business for yourself is a big deal. There’s always a long to-do list and if you’re not making money, your business is more of a hobby.

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How Many Business Fail in the First 2 Years?

By Summar FinancialIn SMBs, Business Growth & StrategyPosted March 28, 2023

Business failure refers to a situation in which a company or business ceases operations because it is unable to generate sufficient revenue to cover its expenses.

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