TSL Express Daily News
The Secured Lender
SFNet's Women in Secured Finance Issue
Intro content. Orci varius natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Curabitur iaculis sapien sagittis, accumsan magna ut, blandit massa. Quisque vehicula leo lorem, a tincidunt eros tempor nec. In quis lacus vitae risus egestas tincidunt. Phasellus nulla risus, sodales in purus non, euismod ultricies elit. Vestibulum mattis dolor non sem euismod interdum.
-
Top 5 Apps for Organizing
Mar 7, 2019If you’re like most of us, we try to stay organized in business and life, but it gets increasingly complicated…
-
The Importance of Stretching
Mar 7, 2019Every personal trainer and athletic coach I have ever worked with has stressed the importance of stretching. When working out…
-
SFNet's 40 Under 40 Award Winners Panel Recap
Mar 6, 2019Moderator: Samantha Alexander, regional underwriting manager, Wells Fargo Capital Finance’s Corporate Asset Based Lending group and 2016 CFA 40 Under…
-
SFNet's Inaugural YoPro Leadership Summit
Mar 6, 2019The Secured Finance Network brought together the next generation of commercial finance leaders for a full day of learning and…
-
It’s a Marathon, Not a Sprint
Aug 22, 2018I was recently invited to participate in an executive panel to answer questions from a credit training class comprised of...
-
It’s Not Too Late – Five Member Benefits to Cash In On Now
Aug 1, 2018As we hit the half way mark on calendar year 2018, it is a good time to take stock and…
-
It’s Time To Break Up With Your Phone
Jul 18, 2018Do I have your attention? Let’s be honest here: do you have the attention span to read this article? Compared…
-
Lien Management – What You Need to Know
Jun 6, 2018UCC filing is the cornerstone of all loans and every lien portfolio...
-
Potential Impacts of Blockchain on Commercial Lending
Jan 15, 2018By Raja Sengupta, Executive Vice President and General Manager, Wolters Kluwer’s Lien Solutions When it comes to the rising importance…
-
How to be a Good Leader
Dec 5, 2017I know what you’re thinking…another article about how to be a good leader? The short answer is yes…but this time,…
-
Fintech and Due Diligence – Disruptors and Established Firms Evolve
Oct 30, 2017The fintech sector has gone through a number of manifestations in the past two decades.
-
A Commercial Banker’s Tickler Transition Plan
Oct 18, 2017Just do a keyword search for “bank tickler,” and you’ll quickly realize that banks are still heavily reliant on manual…
-
Understanding and Developing Your Personal Brand: Four Steps to a More Intentional Career Progression
Sep 5, 2017It is imperative for individuals to have a general idea about their future career aspirations, just as companies should have clearly defined strategies.
-
Selecting a Technology Vendor: 3 Questions to Ask
Jul 5, 2017As with anything else at your bank, selecting a technology vendor can be a challenging decision. Users from across different…
-
Why Back-Office Lending Automation Enhances Customer Satisfaction
Apr 25, 2017Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
-
The Lost Art of the Loan Purchase
Mar 2, 2017Purchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily…
-
Audit Prep: Why a Paperless Approach Makes Sense
Feb 15, 2017How much time does your financial institution spend preparing for audits? We recently surveyed 187 community banks, and the results…
-
Back Office Support Services: Helping you approve more clients
Feb 7, 2017How many times have you come across a potential client who’s financials are either not up to date, not accurate,…
-
“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
Jan 30, 2017Even when prepared by outside or in-house counsel, many lenders pay close attention to draft UCC financing statements before they…
-
Paper Loan Files: Does Your Bank Know the True Cost?
Jan 12, 2017Sure, there’s a tangible cost associated with deploying an electronic loan imaging system. Software, support, and scanning hardware are just…
March 20, 2025
Source: PR Newswire
AUSTIN, Texas, March 19, 2025 /PRNewswire/ -- 1st Commercial Credit, a leading provider of receivables-based financing, is now offering funding solutions tailored for Employer of Record (EOR) companies, enabling them to offer credit terms and expand their customer base.
An Employer of Record (EOR) serves as the legal employer for businesses, managing payroll, taxes, benefits, and compliance, while companies retain control over daily operations. EOR services allow businesses to hire quickly, ensure compliance, and reduce administrative burdens, making them a crucial solution for companies expanding into new markets.
While larger EOR firms can offer credit terms to attract bigger clients, smaller EORs often require upfront payroll deposits, limiting their ability to compete. With 1st Commercial Credit's receivables-based financing, EOR firms can now:
- Offer Credit Terms – Compete with larger EORs by providing flexible payment options.
- Expand Their Customer Base – Attract businesses needing structured payment arrangements.
- Improve Cash Flow – Access immediate working capital for client's payroll and taxes.
- Scale Operations – Take on new clients without cash flow restrictions.
"Smaller EOR firms often struggle to compete with industry giants that can extend credit terms," said Raul Esqueda, President of 1st Commercial Credit. "Our financing solutions give EORs the ability to offer structured payment terms, grow their client base, and strengthen their market position."
This expansion reinforces 1st Commercial Credit's commitment to providing financial solutions that help businesses scale and remain competitive.
EOR companies can submit invoices for funding with net terms ranging from 15 to 45 days, providing clients with greater flexibility in managing cash flow. These invoices, payable by the client, may include gross wages, payroll taxes, employer burden, workers' compensation, employee benefits, administrative fees, financing fees (if applicable), and other associated and client-approved costs.
For more information on how 1st Commercial Credit supports EOR companies, call us at 1-800-876-6071 or submit an inquiry through our Contact Us page.
About 1st Commercial Credit:
1st Commercial Credit is a leading provider of receivables-based financing, invoice factoring, and asset-based lending, helping businesses unlock working capital and enhance cash flow. With decades of industry expertise, the company serves a diverse range of sectors, including staffing, manufacturing, transportation, and importers, and has recently expanded its services to support Employer of Record (EOR) companies.