How One Team Changed the Face of Funding (Twice)
In 1998, entrepreneur Joel Adelman founded Advance Partners with a simple belief: funding should be flexible, personal, and built on real relationships. What began as a different approach to staffing finance grew into one of the industry’s leading funding partners, providing more than $35 billion in working capital to thousands of agencies over two decades.
After the company’s acquisition by Paychex in 2015, the original founders reunited in 2021 to launch Encore Funding. Today, Encore combines decades of staffing industry expertise with tailored working capital, strategic consulting, and hands-on support to help staffing entrepreneurs grow through every stage of their journey.
Today, Encore is a trusted partner and an extension of each client’s team, delivering tailored working capital solutions, strategic consulting, and access to a leadership team that has been through it all. Over $4 billion funded. Three acquisitions. And we’re just getting started.
We support independent staffing entrepreneurs, providing the capital, expertise, and technology they need to compete and grow. In practice, that means helping staffing firms strengthen cash flow, streamline operations, and scale with confidence through flexible funding and a partnership that extends far beyond the transaction.
We envision a future where independent staffing entrepreneurs become market leaders, reshaping the industry into a thriving, equitable ecosystem where they boldly outshine the competition and build lasting wealth.
Entrepreneurs create jobs, build communities, and drive innovation. Yet too often they’re underserved by traditional financing. We built Encore to change that. Our mission has always been to give growth-minded business owners access to the capital and expertise they need to reach their full potential.
Our Values
Win Together
We reach the finish line as one team and celebrate every win. Your success is our purpose.
Act with Integrity
We have the courage to do what’s right, always. No hidden fees, no surprises, no jargon for jargon’s sake.
Cultivate Connection
We grow stronger through meaningful, authentic relationships, built side-by-side with clients through crises, wins, and everything in between.
Honor Every Voice
We welcome the differences that make our team stronger, with over 60% of our capital going to underfunded and minority-owned businesses.
Grow Through Challenge
We embrace adversity as a chance to learn, adapt, and improve, tested by recessions, disasters, and market volatility.
Built for the Staffing Industry
Entrepreneurs Serving Entrepreneurs
We understand the unique, diverse needs and mindset of entrepreneurs, because we’ve been in your seat.
Providing Access
Advance rates from 80 to 90% of invoice value, with no fixed caps. Your capital access scales automatically as your invoice volume grows.
Midwest Values
Advance rates from 80 to 90% of invoice value, with no fixed caps. Your capital access scales automatically as your invoice volume grows.
Funding Built Around Your Invoice Cycle
From a startup’s first payroll run to an enterprise firm managing national MSP contracts, Encore’s structure adapts to every stage. You won’t outgrow us.
Back Office Designed for Staffing
A dedicated account team who knows your business and clients, not a call center. Real people, available when you need them.
Strategic Guidance from Insiders
M&A, VMS/MSP, DEI certification, and growth strategy from advisors who spent decades inside this industry.
