Take On More Placements With Staffing Invoice Factoring.
Invoice factoring for staffing agencies that can’t afford to wait 30–60 days for client payments while payroll is due every Friday.
- W-2 and 1099 placements both eligible
- Typical advance of 80–90% of invoice face value
- Fee is based on your client's credit — shown in full before you sign
- No credit check on your agency to get started
- 600+businesses funded
- $900M+invoices purchased
- 97%fund again
Estimate your advance
- Advance, funded the same day you submit
- $212,500
- Reserve, paid to you when your customer pays
- $37,500
- Est. fee, taken from the reserve
- −$5,875
- Total you receive
- $244,125
Estimate only. Advances run 70–97% by industry; your exact rate and fee are in your written proposal. No credit check to start.
Our Approach
How Sigma Works for Staffing Agencies.
Payroll-Speed Funding
We know your payroll cycle doesn't wait for your clients' AP department. Once your account is set up, invoices you submit are funded the same day, so payroll goes out on time.
W-2 and 1099 Invoices Accepted
We fund invoices for both direct placements and contract staffing. Whether your workforce is W-2 or 1099, there are no gaps in your advance coverage.
Credit Insurance Protection
Add credit insurance and a client who doesn't pay is covered by the policy, per its terms — not by you. Take on new clients without betting the agency on their credit risk.
Professionally Managed Collections
Our team contacts your clients professionally and on your behalf — exactly as you would. Your client relationships stay intact, and your reputation is protected throughout.
Client story
$400K in Net-60 invoices funded for an Illinois staffing company
“Before Sigma, payroll kept me up at night. We're a staffing company, so no matter when clients paid us, our people still needed their check every Friday. There were weeks I genuinely didn't know if we'd have enough to cover it. Since working with Sigma, that stress is gone. The money's there when I need it, every time.”
R.S. · Staffing · Illinois- Invoices funded
- $400K
- Customer terms
- Net 60
- Industry
- Staffing
Illinois invoice factoring client. Weekly payroll covered while customers paid on Net-60 terms. Individual results vary.
Will my clients know I'm using factoring?
Yes — a Notice of Assignment (NOA) is sent to your clients directing payment to Sigma. This is standard, widely-used industry practice and does not signal financial distress. Our collections team contacts your clients professionally and courteously, exactly as you would. Many clients never notice any difference in how they’re invoiced or followed up with. We handle communications as an extension of your business, not a collections operation.
What's the advance rate on W-2 vs. 1099 invoices?
Both are eligible. The advance rate on your invoices is based on your client’s creditworthiness and invoice type — not your agency’s financials. Use the estimator above to see a typical advance for your invoice amount. Your exact rate is shown in full in your proposal before you sign anything.
How fast can I get my first invoice funded?
Account setup typically takes 24–48 hours from signup. Once your account is active, invoices you submit are funded the same day.
What happens if a client disputes a placement?
We work with you to resolve disputes. Placement disputes, where a client disputes the work itself rather than its ability to pay, are handled case by case. Credit insurance, if you add it, covers a client who doesn't pay, per the policy terms. It doesn't cover disputed work. We’ll walk you through how disputes are handled for your specific invoice types during onboarding.
Is there a minimum monthly volume?
None. We work with staffing agencies at every stage of growth — whether you’re funding one invoice a month or hundreds. There is no volume floor to qualify, no volume tier you need to stay in, and no penalty for slower months. Use Sigma when you need it, step back when you don’t.
Do you factor temp staffing invoices as well as direct hire?
Yes. We fund temp and contract staffing invoices — the ongoing weekly or bi-weekly invoices from active placements. Direct hire placement fees are evaluated separately and are eligible depending on the client relationship and invoice structure. Ask your account executive about your specific billing arrangement.
What documents do I need to get started?
Typical requirements to open your account:
✓ Signed factoring agreement
✓ Copies of invoices you want to factor (first batch)
✓ Your client list with contact details for NOA delivery
✓ Basic business documentation (articles, EIN confirmation)
✓ Voided check for wire instructions
Your account executive will walk you through the full checklist and review your specific invoice types during the onboarding call.
Ready to Fund This Week's Payroll?
Get a staffing-specific proposal. No long-term contract. No credit check on your agency.
- No commitments
- No hidden fees
- No personal guarantee required