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Avionté Launches SmartFund: A Game-Changer for Staffing Agencies

In a significant development within the staffing industry, Avionté has unveiled its latest offering, Avionté SmartFund, powered by Kanmon. This innovative financial solution is designed to grant staffing agencies unprecedented control over their capital access, redefining how they manage their funding needs.

Avionté SmartFund is tailored for staffing firms that often struggle with the rigidity and prolonged response times of traditional financial institutions. Securing funds from banks can pose challenges, particularly for smaller agencies that frequently require quick access to capital to seize new opportunities. In this context, the launch of SmartFund represents a crucial shift, offering not just a financial service but an entirely new way to approach funding.

Fast, Flexible Funding Without the Drawbacks

Conventional financing routes typically impose limitations, demanding that agencies factor their entire payroll when they may only require funds for specific projects. Avionté SmartFund shatters this all-or-nothing model, allowing agencies to obtain funding precisely where and when it is needed. This is a critical advantage for firms navigating a fast-paced labor market, where timing often determines success.

Rishabh Mehrotra, the CEO of Avionté, underscored the mission behind SmartFund, stating, “Avionté's mission is to help staffing firms grow, and Avionté SmartFund provides a direct path to that growth.” He emphasizes that agencies should never have to compromise on new revenue opportunities due to funding delays.

Tailored Solutions for Staffing Needs

One of the standout features of Avionté SmartFund is its seamless integration with the Avionté back-office system. Staffing firms can selectively choose specific invoices to finance, allowing for customized capital management that aligns perfectly with their operational demands. This level of granularity means that whether firms need to balance client payment terms or expand their business, they can access the required capital without hassle.

Scott Poeschl, Senior Vice President of Avionte+, noted the strategic partnership with Kanmon, which played a pivotal role in this launch. He explained, “In searching for a funding partner, Kanmon was the clear choice because they offered the most seamless embedded lending integration platform.” This collaboration is a testament to Avionté's commitment to providing cutting-edge technology for its clients.

Key Features of Avionté SmartFund:

• - Control Over Funding: Firms can choose which invoices to finance and dictate how much funding they require, enhancing financial autonomy.
• - Customizable Repayment Terms: Through collaboration with Kanmon, agencies can enjoy flexible repayment schedules designed to suit their individual cash flow needs.
• - Real-Time Visibility: Staffing agencies gain immediate insights into funded invoices and repayment timelines, promoting proactive financial management.
• - Integration with Existing Systems: The solution works seamlessly with the Avionté staffing platform, eliminating the need for cumbersome processes.

Mengxi Lu, CEO of Kanmon, reaffirmed this vision, stating, “At Kanmon, we believe capital should be accessible when and where businesses need it most.” The collaboration with Avionté aims to provide staffing firms not just with credit, but with the financial agility required to thrive within a competitive labor market.

Conclusion

Avionté's introduction of the SmartFund underscores a transformative approach to staffing agency financing, aiming to empower firms to respond rapidly to market dynamics. As agencies increasingly require agile financial solutions, SmartFund embodies a new paradigm for accessing capital—one that prioritizes speed, flexibility, and strategic growth. To explore this innovative offering further, visit Avionté SmartFund.

About Avionté: Avionté stands out as a leader in enterprise staffing platforms, delivering a comprehensive suite of end-to-end cloud-based technology solutions tailored for scalability and growth. To learn more about the Avionté platform, visit their official website.

About Kanmon: Established by seasoned experts in financial technology, Kanmon provides an essential lending-as-a-service platform. This allows software partners to integrate unique financing products into their offerings, enhancing the value provided to business customers.