A service provider for the Securities and Exchange Commission industry based in Georgia was working with another finance company but did not like their aggressive collection tactics. A broker referred the provider to Millennium, knowing we would treat the service provider’s customers well. We provided a $50,000 Accounts Receivable Funding facility and made the transition to a new funding source easy.
An experienced staffing company owner started a new staffing company based in Georgia. As a new business, he couldn’t afford to wait 90 days for customers to pay invoices. Millennium provided quick access to steady cash flow through a $50,000 Accounts Receivable Funding facility so he could meet payroll and other expenses – another business successfully launched!
This New Jersey-based startup staffing company knew they needed to shorten the time between invoicing clients and receiving payments. At Millennium, we understand the pressure growing staffing companies face to meet an increasing payroll every week. We quickly provided a $50,000 Accounts Receivable Funding facility to help them meet payroll, as well as a full back office solution including invoicing, credit and receivables management, payroll and related tax processing.
A staffing agency in New Jersey was self-funded but knew they were missing out on opportunities because they didn’t have enough cash on hand. Millennium Funding provided a $1,000,000 Accounts Receivable Funding facility to give them steady access to working capital to meet payroll, take on more workers, and capitalize on new opportunities that came their way. With a simple process and fast onboarding, they were quickly hiring and growing
A healthcare consulting firm based in New Jersey that provides experienced IT resources to healthcare organizations was obtaining financing through Merchant Cash Advance firms. But they were quickly becoming too expensive. They turned to Millennium for an affordable solution that would still provide flexible, convenient working capital. We provided a $75,000 Accounts Receivable Funding facility at great rates for future growth, setting them up for long-term success.