Funding and Financing

Growing independent companies have specialized funding needs.  Your local bank may offer the best interest rates, but they probably don’t offer financing secured exclusively by client invoices.  You’ll pledge your own personal assets, and live with restrictive borrowing limits, credit controls and loan covenants that prevent growth.  The reporting requirements alone could drive you crazy.

You could turn to a staffing-specialized funder or even a factoring arrangement.  You may gain some ability to grow, but at what cost?  Add it all up.  3% of sales, 4% of sales or more?  You give up half your profit for an agreement that still limits you with onerous credit controls, constant reporting requirements, and software that serves the funder, not you.

Now You Have Choices

You have another option.   Staffing companies in the People 2.0 Network never worry about funding.  You can grow as fast and as large as you can manage, and People 2.0 will still fund 100% of all payroll costs.  In fact, the bigger you get, the less you pay.  As a People 2.0 Affiliate,

• You’ll never pledge personal assets
• Your costs will be about 40% less than those charged by the typical staffing funder
• Bad debt reserves average 95% less than what others hold back
• You never have to submit reports or transfer invoice files
• Funding fees remain the same whether an invoice is paid in 20 days or 90 days
• You get added flexibility with credit card and ACH payment options
• Full credit reporting services, custom invoice formats, and on-demand funding and aging reports are all included

Flexibility for Growth

You even have the option to fund what you can from a bank line or other source and turn to People 2.0 for your excess needs. In fact, if you ever find a better source of funding, our funding agreement can be canceled without penalty.

For qualified Affiliates, People 2.0 can even assist with acquisition financing, capital for business expansion, short-term working capital loans, and specialized equipment leasing.  We want to help you grow, and we put our money where our mouth is.