Empower your workforce

Meritus Capital had a well-established direct hire client who was hungry for an expansion into the temporary staffing market. It was the right move for their business, but it came with time and cash flow challenges.

‍

Payday doesn’t ‘wait.’

‍

Our client was responsible for covering their temporary workers’ payroll expenses. This means they couldn’t risk waiting on employers to pay their invoices, and that extra cash flow was needed to keep the business running as smoothly as possible.

‍

Our client also needed to seize growth opportunities coming from a new market. With growth opportunities, comes greater overhead. Think: extra costs for recruitment advertising, interviewing, background checks, and all the administrative work in between.

‍

Eager to help, the Meritus Team got to work on a new payroll funding line for our client.

‍

The result?

‍

A financing plan that fueled the company’s expansion by 13 times in their new temporary staffing division.

‍

With the right financing partner, you can tap into new markets with confidence. In this case, Meritus Capital was instrumental in broadening our client’s range of staffing needs and revenue streams.  

‍

The staffing industry stands as one of the most competitive. Whether you’re starting from scratch or expanding your offerings to gain an edge, Meritus Capital is here to support you in navigating challenges, capitalizing on market trends, and driving sustainable growth so your business can make its mark.

This successful staffing company generating $30MM annually was facing a significant challenge: high financing fees from their previous funder were severely limiting their growth potential.

‍

When fees are excessively high, they can create substantial obstacles for businesses. These fees drain valuable capital that could otherwise be reinvested into essential areas like expansion, hiring, or new projects. As a result, companies often find themselves:

• Trapped in a cycle of debt, constantly playing catch-up, and shrinking profit margins.
  

• Unable to seize new opportunities or improve operational flow, creating roadblocks to growth.

Here’s how Meritus turned things around for them:

• Introduced a competitive and cost-effective financing solution: We customized our approach to meet the staffing company’s specific needs, easing their financial strain.
• Saved over $100,000 in financing costs within 12 months: A significant reduction in fees freed up hard-earned capital that had previously been tied up.
• Empowered the company to reinvest in growth initiatives: With the financial relief, they could focus on expanding operations and pursuing new opportunities.

‍

By customizing our solution, we alleviated the burden of high fees, giving the company the financial space to concentrate on what really matters: growth and longevity.

‍

Every day, our team is excited to help businesses overcome challenges and achieve new milestones. By understanding each client's unique needs and addressing the core issues, we’re proud to have helped hundreds of businesses reach their fullest potential.

Having experienced a nearly $36MM dollar increase in annual sales, this staffing logistics company was hit hard with growing pains. Sales increases are exciting – but when combined with a shortage of resources, they can create serious operational hurdles. To make matters worse, this company’s previous factor was no longer willing to work with them due to their rapid growth pace.

‍

This company needed a solution that would give them:

• A high advance rate of over 93%
• A low factoring fee
• Staffing industry expertise to support their scaling efforts

Meritus Capital saw this company’s setback as an opportunity. After taking them on as a new client, the Meritus team delivered quickly on all fronts:

• A rate that met their growth needs
• 25% savings on their factoring rate
• A partnership driven by an industry-specific growth strategy

‍

The result?

‍

The client was well-positioned to jump on the exciting opportunities coming their way. Most importantly, they gained a financial partner who set them up for long-term profitability, and plenty of room to keep growing.

‍

Staffing is a highly competitive industry that thrives on service excellence – and working with a likeminded factor makes all the difference. Meritus is here to support your business with the tools and flexibility to face rapid growth with confidence.