Payroll Funding by Matrix

Founded in 1994, Matrix Business Capital, operating under the brand "Payroll Funding by Matrix," specializes in providing financial and administrative support to the staffing industry. The company's primary service is payroll funding, a form of accounts receivable financing where they advance cash to staffing agencies against their invoices, ensuring they can meet payroll obligations consistently. In addition to funding, Matrix offers comprehensive back-office services, including payroll processing, tax administration, invoicing, and collections, allowing staffing agencies to outsource critical administrative functions and focus on growth.