Advance Partners

Cleveland, United States Founded: 1998 • Age: 28 yrs Acquired By Paychex
Working capital loans are provided to businesses by Advance Partners.
Annual revenue - Latest available
Total funding - Funding intelligence
Employees 100 Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Advance Partners

Advance Partners is a company based in Cleveland (United States) founded in 1998 was acquired by Paychex in December 2015. The company has 100 employees as of December 31, 2014. Advance Partners offers products and services including Payroll Funding, Back Office Solutions, and Strategic Services. Advance Partners operates in a competitive market with competitors including Moniepoint, eCapital, White Oak Global Advisors, Benefit Street Partners and Golub Capital, among others.

  • Headquarter Cleveland, United States
  • Employees 100 as on 31 Dec, 2014
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Advance Payroll Funding, Ltd.
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
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  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    100

    as on Dec 31, 2014

  • Acquired by
    Paychex

    (Dec 02, 2015)

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Products & Services of Advance Partners

Advance Partners offers a comprehensive portfolio of products and services, including Payroll Funding, Back Office Solutions, and Strategic Services.

Product name locked
Category locked
Primary

Provides working capital by buying invoices for staffing firms

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Manages invoicing and payroll tax support for operations

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Offers advice on mergers and DEI certification

Funding Insights of Advance Partners

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Detailed funding history for Advance Partners

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Investors in Advance Partners

Advance Partners has secured backing from 1 investor. Prominent investors backing the company include Paychex.

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Investor Description Founded Year Domain Location
Cloud-based HRMS solutions are delivered for payroll and employee management.
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Investor details for Advance Partners

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Investments & Acquisitions by Advance Partners

Investments
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Investment portfolio details for Advance Partners

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  • Transaction dates
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Financial Statements - Advance Partners

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Detailed financials for Advance Partners

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  • Profit trends
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Advance Partners Comparisons

Advance Partners Primary company
Description
Working capital loans are provided to businesses by Advance ...
Location
Cleveland, United States
Founded Year
1998
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
100
As of 2014
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Peer comparison for Advance Partners

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Competitors of Advance Partners

Advance Partners operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Moniepoint, eCapital, White Oak Global Advisors, Benefit Street Partners and Golub Capital, among others.

Company Name Domain Founded year HQ Location Description
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Integrated financial services are provided for businesses and individuals.
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Provider of asset-based, supply chain, and invoice financing solutions
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Offers customized capital and lending products to support business growth needs.
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Credit-focused alternative asset management firm
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Private debt investments are managed for U.S. middle market companies.
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Financial and wealth management services are provided worldwide.
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Detailed competitors of Advance Partners

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Latest news on Advance Partners

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Complete news archive for Advance Partners

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Frequently Asked Questions about Advance Partners

Advance Partners was founded in 1998.

Advance Partners is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.

As of Dec 31, 2014, the latest employee count at Advance Partners is 100.

Advance Partners was established in 1998 in Cleveland, United States, as a provider of working capital loans. Financial support is extended to companies requiring liquidity for operational needs. Services are centered on short-term funding solutions within the financial services sector. Operations are based in the United States, targeting businesses across various industries to facilitate cash flow management and growth initiatives.

Advance Partners's top competitors include eCapital, Golub Capital and Clearinghouse CDFI.

Advance Partners offers Payroll Funding, Back Office Solutions, and Strategic Services.

Advance Partners has 1 investor. Key investors include Paychex.

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