Avionté Launches Avionté SmartFund™, Powered by Kanmon, Delivering On-Demand Capital to Staffing Agencies
New solution offers fast, flexible funding without the constraints of traditional financing
BLOOMINGTON, Minn., March 19, 2025 /PRNewswire/ -- Today, Avionté launched Avionté SmartFund, powered by Kanmon, a fully integrated lending solution that puts staffing agencies in control of their financing by enabling fast, customizable access to capital. Avionté SmartFund is an innovative solution for staffing firms that find traditional funding options lacking. Securing funds from banks can be difficult, especially for smaller agencies. And bank response times are often too slow, particularly when agencies need to extend credit lines quickly to support new opportunities.
Alternative financing solutions typically take an all-or-nothing approach, requiring agencies to factor their entire payroll, even when they only need funding for specific opportunities. Avionté SmartFund provides an alternative financing solution that allows staffing firms the flexibility to get funding precisely when and where they need it.
"Avionté's mission is to help staffing firms grow, and Avionté SmartFund provides a direct path to that growth," said Rishabh Mehrotra, Chief Executive Officer, Avionté. "Staffing success depends on having the right resources exactly when clients need them. Agencies should never have to sacrifice new revenue opportunities or turn down client requests because they can't access their capital fast enough."
Unlike traditional lenders, Avionté SmartFund allows firms to select specific invoices to finance directly from the Avionté back-office system. With the fully embedded solution, staffing firms can choose which invoices to finance and how much, right when the funds are needed. Whether they're managing client payment terms or scaling their business, staffing firms can access the capital seamlessly.
"Avionté's partnership with Kanmon is a reflection of our commitment to integrate best-of-breed technology with the Avionté staffing platform," said Scott Poeschl, Senior Vice President of Avionte+, Avionté. "In searching for a funding partner, Kanmon was the clear choice because they offered the most seamless embedded lending integration platform to support our clients' ability to grow in days versus months."
Avionté SmartFund offers flexible financing designed to accelerate the business by providing staffing firms with:
- Full control over which invoices to fund and how much.
- Customizable repayment terms through Kanmon.
- Real-time visibility into funded invoices and repayment schedules.
- Seamless integration with Avionté's back-office platform.
"At Kanmon, we believe capital should be accessible when and where businesses need it most," said Mengxi Lu, CEO of Kanmon. "By embedding our financing solution into Avionté, we're not just offering credit—we're delivering financial agility that helps staffing firms thrive in today's dynamic labor market."
Visit Avionté SmartFund to learn more.
About Avionté
Avionté is a proven leader in enterprise staffing platforms, providing a comprehensive end-to-end, cloud-based technology solution designed for scalability and growth. The Avionté platform delivers a complete front and back office, a robust mobile talent application, and a powerful VMS. With a single staffing platform, agencies can now manage the entire supply chain of labor, from employer to agency to talent and back. Learn more at https://www.avionte.com.
About Kanmon
Kanmon is a licensed commercial lender founded by a team with deep financial technology experience and backed by long-standing industry investors. Kanmon provides a robust lending-as-a-service platform, enabling vertical software partners and innovators to offer differentiated financing products to their business customers. For more information about Kanmon, please visit www.kanmon.com.
Media Contact
Name: Michelle Meek
Title: PR for Avionté
Email: mmeek@meetclearedge.com
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SOURCE Avionté