Partnership will help small and medium-sized businesses mitigate short-term cash flow issues
MCLEAN, Va., May 22, 2025 -- IRIS Software Group (IRIS), a leading global provider of accounting, HR, and payroll solutions, and Payro Finance, a top-rated business finance company serving small and medium-sized businesses, today announced a strategic referral partnership designed to help U.S. small to medium-sized (SMB) businesses confidently navigate temporary cash flow challenges and ensure payroll is always covered.
Through this collaboration, businesses using IRIS payroll solutions will gain access to Payro Finance's short-term lending services—designed to act as a 'backup parachute' in moments of financial strain. The offering provides an immediate line of credit to fund payroll during times of economic volatility, delayed receivables, or other short-term disruptions.
Addressing Cash Flow Challenges for Small Businesses
According to a 2024 PYMNTS report, 22% of small business owners in the U.S. have struggled to pay essential bills due to cash flow issues. In the current macro environment, where bank standards are tightening and SBA loan approvals are more difficult to obtain, Payro Finance provides a practical, non-predatory alternative to merchant cash advances or home equity lines.
- Fast and flexible funding for a short-term safety net: Businesses can apply in under five minutes, receive approval within two days, access funds the same day, and pay the loan back in one-to-four weeks.
- Low rates: Financing options with rates as low as 1.5% per week and no fees until funds are drawn.
- Seamless Integration: Looking ahead, IRIS will offer direct access to Payro through its IRIS Payroll solution. And, IRIS clients of more than one year—such as existing Apex HCM users—may be eligible for a free $20,000 payroll line of credit.
"Payroll is the lifeblood of your business, and when timing is critical, a solution like Payro helps keep the heartbeat strong," said Jim Dunham, President and General Manager of IRIS Americas. "By referring customers to Payro Finance, we're strengthening our long-standing commitment to helping SMBs manage complex payroll, HR and compliance needs with confidence. Together, we can offer peace of mind through an assurance policy that helps protect their most important asset: their people."
Greg Javins, Chief Revenue Officer of Payro Finance, added, "By partnering with Payro Finance, IRIS has taken a real and meaningful approach to client relationships, showcasing their deep understanding of businesses' needs—even the unspoken ones. Many small business owners struggle with cash flow and it is Payro's mission to bring those owners peace of mind when it comes to ensuring their employees are paid on time, every time."
About IRIS Software Group
IRIS is a global technology company transforming how businesses, accountants, and educational organizations manage their most critical operational tasks. Our customizable payroll, accounting, HR, and education management solutions support over 100,000 organizations in 135 countries—eliminating the stress of compliance, automating complex workflows, and enabling smarter, data-driven decisions with confidence. Learn more at www.IRISGlobal.com, and follow IRIS on Facebook, Twitter, Instagram and LinkedIn.
About Payro Finance
Launched in 2019, Payro Finance offers payroll financing to a host of small businesses across various industries. Payro Finance's mission is to ensure that payroll can be processed free of stress. Payro Finance sets itself apart through its unique on-demand financing solution. Our team's passion for small businesses and experience allow us to help our clients avoid interruptions in their operations. Learn more about Payro Finance at https://payrofinance.com.
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