Payroll Funding

With payroll funding from Matrix Labour Leasing, your company gets access to the capital you'll need to keep up with salaries for all your employees. We help clients acquire the financing they need to keep their business operating during periods of cash flow uncertainty or slowdown by lending working capital with 15-60 day payment terms upon approved credit. 


Matrix Labour Leasing is a payroll service provider that helps to make sure your employees are paid in full and on time. Integrated payroll funding saves you time and money by allowing you to focus on other critical details of operating your business like expanding your team and scheduling new projects. We provide seamless payroll funding for small businesses, which also includes calculating and applying all relevant payroll deductions.

Our Payroll Funding Ensures:

  • All employees are paid weekly.
  • EFT, T4, ROEs, year-end processing.

Timely Working Capital To Keep Your Business Operations Running Smoothly 

Keeping up with scheduled payroll obligations for your employees is a central responsibility for business owners. Make sure your business is complying with your jurisdiction's employment laws regarding salary by paying your staff the full amount they're due, and doing so on time. When running a business full-time, there are many factors that can complicate and delay your payroll duties. Payroll funding from Matrix Labour Leasing can relieve you of the stress caused by unexpected occurances and help you keep your company running smoothly by lending access to the capital when you need it most. 

What Is The Payroll Funding Procedure? 

Payroll funding service is simple to get started. Outsource your payroll processes to us and we take care of the financing, administration, and processing of your regular payroll payments. Then, you have 30-60 days to reimburse us (OAC — exceptions apply). This allows your business to optimize its cash flow with every pay cycle so your operations can carry forward as planned.

We take the weight off your shoulders when it comes to making sure all employees salaries are properly paid out electronically, in full, on time, every time. This allows your employees to sharply focus on their job responsibilites instead of wondering whether they'll be paid on time before their rent or mortgage payments are due. 

We Make Payroll Funding Simple For Small Businesses and Entrepreneurs 

It can be extremely stressful for a business owner that is constantly facing uncertainties about whether they will make their payroll obligations. You appreciate and respect your employees, and understand that they deserve to be paid on time. Considering the state of the economy over the past few years, your customers may be delayed with paying YOU on time. Often the relationships you've developed with these clients allows you to understand their situation and you have no doubt they'll pay you when they can. But in the meantime, you have a business to run. And you don't want to lose valuable employees to other companies, especially your competitors. With payroll funding from Matrix Labour Leasing, you can move past any payroll complexities. We provide access to convinient liquid capital solutions that gives your business the cash flow injection it needs to keep operations flowing. You get to keep your employees happy and secure the talent you've worked so hard to accumulate over the years.

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FAQs

Q: What are the costs of payroll funding?

The costs are determined by the amount of funds that you apply for and the strength of your current credit score. With that in mind, our payroll funding is priced extremely competitively. Contact us today to learn more! 

Q: What are the payment terms?

Our flexible repayment policy ranges from 15 to 60 day payment terms. 

Q: How long does it take from application to funding?

Usually, Matrix Labour Leasing can release the cash you need to meet payroll obligations within 1-2 business days of finalizing your agreement. Our full-service payroll funding looks after everything involved with paying your employees what they're owed, including calculating and applying all the required deductions. 

Questions?

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Questions? Comments? Call us today at 1-866-666-9520 or fill out the form below:

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