A business owner has a diverse range of responsibility all as important. One of the most important responsibility as an entrepreneur is making payroll on time for all your employees. A business’s success is a reflection of the employer’s ability to pay their employees on time. It is difficult to stay on top of everything in these difficult times, where there are so many unforeseen difficulties on the road. It is demanding to promptly make payroll each month and grow business at the same time. Small business especially face these kind of issues. Payroll financing can help to lower these troubles and make it an easy take for any business owner

1 Click Capital’s 1 Click Payroll funding is a short-term, unsecured loan that is designed specifically for payroll. Businesses can use it as a line of credit to make payroll, and much like a line of credit, you only pay interest on the amount you actually use. The qualification process is also simpler than for a line of credit or invoice factoring. Businesses can withdraw funds for payroll processing up to the net cash needed for that particular payroll run.

Who does payroll financing cater to?

Business wonder if payroll financing is the right step for them. So how does one figure out if payroll funding will work for them? Answer these easy questions to find out

• At the end of each month are you struggling to run payroll on time?
• Have you postponed paying your employees in the past till cash flow is adjusted?
• Is your business a seasonal business?
• Do you have extended payment terms in your business?
• Is your business growing rapidly and you have to urgently hire new employees?

If your answer was yes to one or more questions than payroll financing might be the right direction for you and your business

How does payroll funding work?

Payroll financing can help your business grown in an upward direction. When you don’t have to worry at the end of every month if you will be able to run your employees payroll you can focus that time energy and resources on other areas of your business like inventory, expansion, marketing etc. Once you apply for payroll funding with 1 Click Capital, your application gets processed within 48 hours. You have minimum paper work to fill in. Once approved you can access your line of credit any time you need it.

So the next time your business faces cash flow issues or needs to work on expansion by hiring a larger team opt for payroll funding.