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1 Click Capital’s 1 Click Payroll is an easy and hassle-free solution for new-age payroll financing. Keeping in mind the uncertainties and unpredictable circumstances, thorough planning for the future are highly imperative. In today’s fickle world, keeping a business afloat is not an easy feat. In this scenario, small to medium businesses have to look for alternatives to curb expenses to maintain a healthy cash flow.
With minimum paperwork and under 48 hours of processing time, 1 Click Payroll can be your answer to cash flow challenges. You don’t need to submit a huge list of documentation or provide any collateral.1 Click Capital was created with the needs of MSME in mind, and it thrives on helping businesses fulfil capabilities and come out stronger.
Along with 1 Click Payroll comes the added benefits of 1 Click Salary Advance. As soon as a company is enrolled with 1 Click Capital, they can give their employee’s the advantage of drawing a contingency salary. It is a short-term loan that employees can draw upon their salaries.
In these unprecedented times, now more than ever, it is getting tough for businesses to stay afloat. Many business owners might think of delaying payrolls as an effort to better manage the available funds, even if it is for a short duration. But delaying payrolls comes with its own set of challenges. Employees are the nucleus of any organization, and when they are unhappy, it will reflect on the company as well. Employee morale will go down, and this is hampering the productivity of the staff. Along with this, it can also mean that employee retention will become more difficult.
According to a survey, about 40% of businesses struggle with cash flow issues. Needing additional financing is not a sign of poor business management. Cash flow can be tight due to pending invoices. Usually, invoices have a 1-month to 60-day cycle. This can create a gap period when funds will be tight, and processing payrolls will feel like a battle. It can be a sticky position to be in where you have to tell your employees they will not be getting their paycheck or receiving their paychecks late.
This is why the market today needs a product that helps every business owner pay their employees on time without having to take out a huge loan with a high-interest rate and collateral. This need presents the solution that is Payroll Financing. Payroll financing has become the need of the hour as organizations want to hold on to their staff and not want to see their employees leave.
1 Click Capital takes its tagline “Hamesha Aapke Saath” very seriously and strives to provide a business-friendly funding experience to businesses 24X7 on the fastest, most flexible and hassle freeway.
1 Click Capital has the vision to become not only India’s but also the globe’s top-rated fintech company that brings the dreams of entrepreneurs into reality.
So the next time you ask yourself how to get funds to pay your employees, think of 1 Click Capital, powered by CHP Finance Private Limited.
To know more, please visit – https://www.1clickcapital.com/
(Above mentioned article is a Consumer connect initiative, This article does not have journalistic/editorial involvement of IDPL, and IDPL claims no responsibility whatsoever.)
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