AI, ML and data engineering staffing factoring
AI architects, MLOps engineers and data engineers can bill $120 or more an hour, while you cover payroll every week and the client pays on net 60 terms. Turn approved timecards and SOW milestones into cash in as little as 24 hours. The company that owes you money gets the credit check. Not you.
Invoice #10482
$100,000 · NET 45
In your account tomorrow
$90,000
90% of your invoice, wired on day 1
The balance follows when your customer pays, less the fee.
The problem
One AI or data engineering placement can mean $150,000 or more in payroll before the client's first invoice clears on net 60 terms. The better the rate you negotiate, the bigger the cash gap gets.
What you'll need
Why it funds well
How it can play out
A four person AI staffing firm places two MLOps engineers with a retailer building a recommendation engine. The contract bills $135 an hour per engineer, and the contractors get paid weekly. The client pays on net 60 terms, so the first invoice does not clear for two months. Factoring the first invoice covers six payroll runs before the client ever pays.
Illustrative example. Actual terms depend on your file and your funding partner.
What you get
Fund approved invoices as you bill, so payroll isn't waiting on an accounts payable department.
Available funding rises with your client roster and billing, with no fixed line to renegotiate.
Know a client's payment reputation before you staff the project.
No investors, no bank covenants, no dilution.
Many programs let you factor some clients and not others.
Signed timecards, closed work tickets and SOW sign offs are exactly what funding partners want to see.
The payroll math
You staff the engagement the week the contract is signed. Engineers get paid every Friday. The client's first invoice clears two months later on net 60 terms. One large placement is enough to drain the account before growth pays for itself.
AI, ML and data engineering staffing factoring
Two questions. No sign up, no credit check, no phone call required.
1 Your invoice
How much is the invoice?
When does your customer usually pay?
2 Your estimate
In your account tomorrow
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Estimate only. Your funding partner sets the actual advance, fee and timeline based on your industry, your customers' credit and your file.
FAQ
Often yes. Many AI and data engineering staffing firms are only a few months old the first time they factor. Funding partners look mainly at the client you are invoicing, not how long you have been in business.
Some funding partners offer funding against approved timecards before the invoice is generated. Ask about this when you apply, since not every program includes it.
Yes, many programs let you factor a single large placement rather than your whole book of business.
Staffing factoring fees typically start around two to three percent for the first 30 days, with a smaller amount added for each additional 30 days the invoice stays open. Nordthane charges you nothing.
Sell your invoices with Nordthane Capital, your factoring partner. Free to apply, no obligation.