BusinessCash Experiences Fast Growth in IT Staffing Funding Demand

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BusinessCash sees surge in IT staffing factoring lines of credit going into 2015

Invoice Factoring Company

Invoice Factoring Company

BusinessCash is experiencing a surge in staffing factoring lines of credit in the last quarter of 2014 going into 2015. Much of this growth has been seen in the IT staffing sector. According to Zacks.com the gradual improvement in the US economy and job market has led to a rise in the demand for temporary workers. BusinessCash has seen much of this growth in the IT staffing market reflecting the increased need for additional working capital and payroll funding.

U.S. IT temporary staffing is projected to grow 7% in 2015 and reach $27.8 billion. Over the last 14 years, IT employment has increased more than 41%, compared to just 3.3% for total employment according to staffingindustry.com “We’re seeing a lot of positive indicators right now. Having cash available is one of the most important things to a small business owner, so to see they have more now than they did a year ago is a big deal,” said SurePayroll General Manager Andy Roe. “For most of last year, small business owners were telling us they were becoming more and more profitable. We’re seeing the fruits of that now.”

BusinessCash’s National Sales Manager, Chris Curtin said, “Consumer confidence and falling oil prices is the catalyst for the recent growth in the temporary job market. We provide critical working capital to a full range of temporary staffing companies, including IT, helping them meet their payroll and cash flow needs. The extra cash helps staffing companies take advantage of the current growth in the market.”

BusinessCash expects to see continued demand for IT staffing and other temp staffing industry working capital solutions through 2015. “Growth in the staffing industry was around 7% and is expected to grow at a similar rate throughout 2015. IT staffing being a large part of this growth. At BusinessCash we are well positioned to help the industry grow through our accounts receivable financing and credit protection programs," said Curtin.

About BusinessCash
Since 1998, BusinessCash has offered solutions to tough business cash flow problems including; extreme cash flow issues, rising expenses and shrinking profit margins. From wholesalers to temporary staffing agencies, from government contractors to oil and gas industry suppliers; business owners have successfully grown their companies through Invoice Factoring, AR Management, Credit Protection and Purchase Order Funding with BusinessCash. To get funded now, please call 866-598-4295 or visit http://www.businesscash.com

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Paul Joachim
BusinessCash
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