FAQs

Fundedd offers fast, flexible, and transparent financing solutions designed specifically for staffing agencies. Unlike traditional loans, Fundedd provides quick access to funds within days through Accounts Receivable (AR) Factoring, without requiring physical collateral.

Key differences include:

• Quick Access to Funds: Receive funding within days to cover payroll and urgent needs.
• Transparent Pricing: Clear fees with 80%-90% advance rates and 1.5%-5% discount rates—no hidden charges.
• No Collateral Needed: Unlock working capital using unpaid invoices.
• Comprehensive Support: We manage receivables, credit checks, and payment collections.

Fundedd's tailored solutions help staffing agencies maintain cash flow and focus on growth.

AR Factoring allows businesses to convert unpaid invoices into immediate cash, improving cash flow without taking on debt. With Fundedd’s AR Factoring, you receive 80%-90% of your invoice value upfront, while we handle payment collections. Once your customer pays, we release the remaining balance minus fees. It’s a flexible alternative to loans—with no collateral requirements, no impact on credit scores, and outsourced receivables management, allowing you to focus on growing your business while we manage the cash flow.

What costs and fees are associated with Fundedd? With Fundedd, you receive 75%-90% of your invoice upfront, and fees are charged after customer payment.

Key Costs:

• Discount Fee (1% - 2.5%/month): Charged after collection. For a $10,000 invoice at 1%, the fee is $100/month.
• Advance Rate (75%-90%): Upfront payment. For a $10,000 invoice at 90%, you get $9,000 immediately.
• Reserve Amount: The remaining 10%-25% is held and released after payment, minus fees.

Additional Fees:

• Origination Fee: One-time setup charge.
• Late Payment Fee: Applied after 91 days past due.
• Credit Check Fee: For customer assessments.
• Default Fee: For legal collections.

No service fees apply, and our pricing is clear and flexible.