Funding partner
trusted by leading

staffing agencies
freight brokers
trucking companies

Flexible terms, custom approach and fast approvals.

20 years
of experience
1,400
active clients
$3B+
funded annually

Who We Serve

Staffing Companies

Meritus payroll financing options are a game-changer for staffing agencies! No more stress over paying your employees. Our funding levels adjust to your monthly volume, making sure you always have the cash flow you need.
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Transportation

Cash flow can be a real headache in the transportation industry, but not anymore! Meritus offers tailored and ready-to-go solutions that give you the cash flow stability you need. Say goodbye to daily stress and hello to peace of mind!
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Startups

Starting a business is no small feat that's why we've got your back! Our finance solutions are designed specifically for businesses like yours, giving you seamless access to cash and all the flexibility you need to grow. Say hello to hassle-free financing.
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Payroll Funding Explained

Are your clients on terms of 30, 60 or even 90 days, leaving you without the needed income to close new business, start the next project or pay your staff?

We purchase your outstanding invoices, pay you right away and collect from your clients when the bills are due.

  • 1

    Submit your invoice

    You submit your invoices to the factoring company along with any backup you may have to substantiate the invoice. Once the factoring company is able to verify that the invoice is good, they typically advance 80 to 95 percent of the amount of the factored invoices the same or next day.

  • 2

    Accrued Reserve

    The accounts receivable factoring company holds the remaining 10-percent or $10,000 as security until the payment of the invoice or invoices have been received.

  • 3

    Payment Collection

    The factoring company collects payment over the next 30 to 90 day period depending on your customer’s payment terms.

  • 4

    Final Payment to You

    Once the payment has been received, the factor pays you (the seller of the invoices), the remaining ten percent, less the factoring fee, which typically runs one-percent to three-percent of the total invoice value.

Invoice Factoring

Get fast cash for your invoices with our hassle-free factoring service. No more waiting for payment from slow-paying clients. Grow your business today!

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Payroll Funding

Ensure your workers gets paid on time with our payroll funding service. Flexible repayment options and low rates make it easy to keep your business running smoothly.

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Questions?

Leave your contact info and our representative will reach out to you or simply call us at (877) 648-3709

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