BlueSky offers you flexibility and money on time.
IT staffing has special funding needs, partially due to the higher pay rates many IT employees receive. BlueSky understands the need for high cash flow. Because we specialize in providing the IT staffing industry with Payroll Funding and other financing programs.
IT employees must be paid weekly, but the IT company must wait weeks – sometimes months – to receive payment from their customers. The beauty of letting BlueSky handle your IT payroll funding is that your receivables are converted to cash within 24 hours. And it isn’t a loan; it is an advance on your outstanding invoices.
There is a four-step process to start our financial relationship:
- You provide staffing services and then invoice your client.
- You send BlueSky the invoice and we advance you a majority percentage of the invoiced amount.
- You use the funds to meet your payroll and grow your business, while BlueSky waits to eventually get paid by your client.
- Once BlueSky gets paid, we return the remaining percentage of the invoiced amount, less a small service fee.
Because some clients may pay quickly, BlueSky allows you to pick and choose which clients you want to fund, plus you have no set minimum or maximum. This makes our services an ideal product for growing companies. Starting an IT staffing service and its early, high-pay demands can make Payroll Funding an ideal way to lower the risk of entering business. This financing method can also help established companies that cannot obtain a sufficient line of credit, or that have exhausted their bank resources. Contact us today to become a BlueSky Partner.
Call 888-332-0343 for a confidential consultation or request more information on how the BlueSky Capital can help you grow.
It’s easy to get started with BlueSky!
Click below to download our simple application.
Staffing Funding Application*
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