New Paychex Solution Gives Small Businesses Access to Capital
Paychex, Inc. (PAYX)
Last paychex, inc. earnings: 3/25 08:15 am
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Source: Business Wire
The company introduces an alternative to traditional loans and credit lines ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, and payroll, has introduced Paychex Funding Solutions to give small- and mid-sized businesses quick access to capital as business needs arise.Paychex Funding Solutions, which includes Paychex companies Advance Partners and Alterna Capital Solutions, provides up-front capital based on a business’s assets through invoice factoring. It's a solution for payroll, vendor payments, and growth reinvestment and is available to any business-to-business organization without needing to be a Paychex payroll client.“Lack of capital is the top reason that small organizations go out of business – and meeting payroll obligations can be one of the biggest hurdles, regardless of the economic climate,” said Liz Roaldsen, Paychex senior vice pre
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- Paychex, Inc. (NASDAQ: PAYX) had its price target raised by analysts at JPMorgan Chase & Co. from $133.00 to $139.00. They now have an "underweight" rating on the stock.MarketBeat
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PAYX
Earnings
- 10/1/24 - Beat
PAYX
Sec Filings
- 11/15/24 - Form 4
- 11/14/24 - Form 144
- 11/14/24 - Form 4
- PAYX's page on the SEC website