In order to ensure your business is operating at its full potential, you must keep your employees happy. This means paying them the amount they’re owed, when they’re owed it.
Payroll funding enables you to fulfill your payroll commitments while freeing up operating capital for initiatives and potential growth prospects. By giving yourself this freedom, you can expand your business and boost your cash flow health, giving you a stronger position in the long run.
Payroll challenges are urgent for both you and your team. Here are a few ways you can use Driven's payroll funding to help you reach your business goals:
Beat the cash flow crunch
Some customers are slower to pay their outstanding balances or experience periods when their business isn’t as steady. When your customers take 90 days to pay you but your team expects biweekly compensation, we help to bridge the gap.
Hire the talent you need
If you wait until you can afford the people who will take your business to the next level, you might never get there. Bring on the people you need, when you need them. We help you invest in building and growing your team on your terms.
Don’t lose your team to layoffs
It took time and hard work to build up your crew. How pointless would it be to lose them over a short-term crunch? Use payroll funding to keep your team together and strong.
Leveraging payroll funding provides financial stability and flexibility, which in turn creates security for your staff, customers, and business. Relieve the stress of payroll obligations with a small business loan of $500 to $300,000.
You know your business best, which is why we don’t place any restrictions on the use of your funds. Apply now and gain access to the capital solutions you need in as little as 24 hours.
Advice and research for Canadian small businesses from our expert team