Bibby Financial Services North America launched an affiliated with Precision Global Consulting (PGS) to provide a complete recruitment finance and payroll funding solution for staffing companies.
With headquarters in New York and a presence in London, San Francisco and Toronto, PGC has been helping agencies to place talent across the U.S. and Canada compliantly for more than 15 years. Last year alone they made over 1,200 placements.
“This partnership will allow BFS to provide customized recruitment finance and payroll funding solutions while PGC provides back-office support for staffing companies,” said Daniel Rodrigue, EVP, national head of Sales at Bibby Financial Services U.S. “Our partnered solutions support staffing companies with reliable assistance that adapts to their business, removing the hassle of not having adequate funding and the risks associated with keeping staffing workers insured, verified and ready to work.”
PGC’s offered services will include payroll, expense management, applicable federal, city and state taxes, IRS reporting, onboarding and employment verification, access to insurance and employee benefits, compliance and more. Services offered by PGC will ensure that staffing companies have the ability to make payroll, the time to recruit talent and the capital to invest in technology and staff skill up. BFS provides the staffing finance options through factoring of accounts receivables with up to a 92% advance rate.
