Cover your payroll on time, every time
We all have had this problem. Payroll is coming up and cash flow is short. What can you do? Don’t worry, Payroll Vault is here to help. With Payroll funding powered by PAYRO, never stress about payroll again.
How It Works
Payroll financing by PAYRO Finance is a short-term, unsecured loan specifically for payroll. It is a Line of Credit that businesses can draw against to cover payroll, and like a line of credit, you only pay interest on what you've withdrawn. At the same time, it is easier to qualify for than a Line of Credit or Invoice factoring. Plus, there are no fees to initially apply, only when the money is needed.
When processing payroll, businesses can draw funds up to the net cash requirement for that particular payroll run.