Transfac Capital, Inc., a specialty finance company providing accounts receivable financing to small and mid-sized companies, announced the payroll financing of a multi-location staffing firm based in Georgia.

Mari Dezham, Account Executive Manager of Transfac Capital, stated, "We've financed several staffing agencies throughout the years and are very familiar with their payroll challenges. This particular company has 13 locations, each of which generate a large number of invoices. Due to the high volume of invoices, it was obvious that smaller factoring companies didn't have the resources to handle this account quickly and efficiently. We have appointed an account executive whose sole focus is this account, which is exactly the type of service we believe our customers deserve. With our newest client, we opened a line of credit at $2 Million and the first funding was close to $1 Million, which allowed for them to continue business without interruption.

"When these large staffing companies, or even the smaller ones for that matter, send out their invoices, they don't always collect payment in time to be able to make payroll. We provide a seamless, simple solution to this problem by covering those expenses and collecting the invoices for them," said Dezham.

With locations in Salt Lake City, San Francisco, San Diego, St. Louis, Louisiana, North Dakota and Ohio, Transfac Capital is earning distinction as a leader in invoice financing solutions for small to medium-size businesses.