About Advance Partners
Advance Partners is a Financial Services company based in Cleveland (United States) founded in 1998, and was acquired by Paychex in December 2015. Working capital loans are provided to businesses by Advance Partners. The company has 100 employees. Advance Partners offers products and services including Payroll Funding, Back Office Solutions, and Strategic Services. Its focus areas include Consumer and SME Loans, SME Loans and Working Capital Loans. Its legal entity is ADVANCE PAYROLL FUNDING, LTD. Its competitors include eCapital, White Oak Global Advisors and Benefit Street Partners; 1 of its 3 listed competitors has raised funding.
Company details
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.
- Headquarters Cleveland, United States
- Employees 100
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website advancepartners.com
- Social LinkedIn X Facebook
- Acquired by Paychex (Dec 2015)
- Legal Name Advance Payroll Funding, Ltd.
Products & Services of Advance Partners
Advance Partners offers a comprehensive portfolio of products and services, including Payroll Funding, Back Office Solutions, and Strategic Services.
Provides working capital by buying invoices for staffing firms
Manages invoicing and payroll tax support for operations
Offers advice on mergers and DEI certification
Investors in Advance Partners
Advance Partners has secured backing from 1 investor. Prominent investors backing the company include Paychex.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cloud-based HRMS solutions are delivered for payroll and employee management. | 1971 | paychex.com | New York, United States |
Investor details for Advance Partners
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Timeline of Advance Partners
2 dated milestones of Advance Partners across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Advance Partners is founded.
- Exit Acquired by Paychex.
Competitors of Advance Partners
Advance Partners has 3 listed competitors in our database, 1 of them funded. They include eCapital, White Oak Global Advisors and Benefit Street Partners.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ecapital.com | 2006 | Miami, United States | 49 | Provider of asset-based, supply chain, and invoice financing solutions | ||
| whiteoaksf.com | 2007 | San Francisco, United States | 400 | Offers customized capital and lending products to support business growth needs. | ||
| benefitstreetpartners.com | 2008 | New York, United States | $235M | Credit-focused alternative asset management firm |
Detailed competitors of Advance Partners
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Web traffic of Advance Partners
The website of Advance Partners (advancepartners.com) receives about 9.1K visits a month.
- Monthly visits9.1K
▲ 3% vs previous month
Websites whose visitors overlap most with Advance Partners. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
hirelevel.com | hirelevel.com | 100% | #1,139,550 | – | |
| qxglobalgroup.com | 79% | 23.8K | #1,175,212 | View details | |
| bridgevms.com | 39% | 4K | #2,325,337 | View details |
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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.
Advance Partners has 100 employees.
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, Benefit Street Partners and White Oak Global Advisors.
Advance Partners offers Payroll Funding, Back Office Solutions, and Strategic Services.
Advance Partners has 1 investor. Key investors include Paychex.
Advance Partners operates through Advance Payroll Funding, Ltd..
Yes. Advance Partners was acquired by Paychex in December 2015.