1st Commercial Credit

We Offer Supply Chain Finance Solutions

Over 18 Years in Business

Recent Transactions

invoice factoring for a receivable financing for a respiratory therapist staffing agency

$350,000

Respiratory Therapist Staffing Agency

invoice factoring for a automotive staffing agency providing to oem detroit, mi

$2 Million

Staffing Automotive Detroit

$750,000 Invoice Factoring | Cyber Security Finance

Financing and invoice factoring cyber security companies
Learn how 1st Commercial Credit has approved and processed funding for a company that specializes in various layers of Cyber Security including Network Security, Data Security and Applications Security.

1st Commercial Credit has approved and processed funding for a company that specializes in various layers of Cyber Security including Network Security, Data Security and Applications Security. Our client came to us due to the increased demand of their services and lack of working capital to continue payroll obligations.

All the Information Technology Security Companies have the same problem that can be easily fixed with an accounts receivable finance program in place. While some businesses are able to invoice weekly at net 30-day terms, some are waiting until the 1st day of the month to invoice for previous month’s work.

This scenario is very difficult for the average size Information Tech Company to deliver its services due the void of cash flow caused by the extended terms offered to the customers while keeping payables afloat.

Most companies pay their W-2 employees every week along with the 941 tax obligations while the customers may take between 30 to 60 days to pay. Other cyber security companies hire sub-contractors and the payables have to stay current in order for the subs to pay their employees and stay on the job.

1st Commercial Credit is a factoring company and also offers payroll funding that is sometimes needed to complete work before an invoice is generated.

Many staffing agencies require this type of funding as it is easily accessed through many factoring companies around the country.

View a recent IT staffing factoring transaction

Staffing Financing Rates at 0.69% to 1.59%

18 Years In business

  • We Fund Staffing Everyday!
  • Fast Approval Process
  • No Up Front Fees to Set up
  • No Financials Required
  • Low Credit Score Accepted
  • 3 to 5 Day Initial Setup
  • Free Invoicing Software
  • Free Uploading Funding App
  • Over 3,200 Clients Funded