Why Denver?
Funding for IT staffing firms in Denver is critical to the success of agencies in this booming market. Denver’s rise as a tech hub is no accident. It’s the result of smart policy, economic opportunity, and a magnetic lifestyle, creating the perfect storm for long term growth in tech talent, innovation, and investment. Over 50% of Denver residents hold a bachelor’s degree or higher, well above the national average. The cost of living and doing business is still significantly lower than in cities like San Francisco, Seattle, or NYC. Easy access to outdoor recreation draws tech professionals seeking work life balance, while the central U.S. time zone supports bi-coastal collaboration for remote or hybrid teams.
For these reasons, tech companies are flocking to Denver, creating a thriving venture capital ecosystem. Today, more than 1,500 tech startups call Denver home and they all need great people to fuel their growth. That’s why there’s a growing demand for resources like funding for IT staffing firms in Denver, as they play a critical role in meeting these talent needs.
Once opportunities arise for IT staffing firms to place talent, they often need payroll funding to cover wages while waiting 30, 60, or even 90 days for client payments. That’s where Madison Resources comes in, providing the funding that empowers IT staffing firms to say “yes” to every opportunity.
The Opportunity: Staffing in Denver's Red-Hot Tech Market
As Denver’s tech landscape has exploded, so has the demand for top tier staffing partners who can source, vet, and deliver talent quickly. Startups, scaleups, and enterprise tech teams alike are looking for agile staffing firms that understand the market and can keep up with their rapid hiring needs, especially in areas like cloud, AI, data engineering, and cybersecurity. With that opportunity comes real challenges: tight margins, stiff competition for talent, rising costs, and the need for speed and flexibility. That’s where Madison Resources comes in.
Madison Resource + BWBacon: A 13 Year Success Story
At Madison Resources, we believe in the power of strong partnerships to fuel growth and success. One such inspiring relationship is with BW Bacon Group, a dynamic, award winning tech staffing company based right in the heart of Denver. Founded in 2001 by Colorado entrepreneur Dave Bacon, BWBacon has become a leader in the Denver staffing scene. What started as a solo venture grew into a relationship driven agency fueled by Dave’s relentless positivity and people first mindset. When you talk to Dave, anything feels possible and we were proud to be part of that energy and vision.
About BWBacon: Denver's Agile Staffing Pioneer
BWBacon is far from ordinary. The firm has earned accolades like the Best of Client and Best of Talent Staffing Awards (2019–2021) and praise from Colorado Business Magazine for its innovation in professional services. It also holds the distinction of being the nation’s first 100% Agile/Scrum certified tech staffing agency, a testament to their deep understanding of what growing tech teams need. Their mission? To build genuine, long term relationships and connect visionary leaders with exceptional talent, a mission that aligns perfectly with the values we hold at Madison Resources.
A True Partnership: Behind the Scenes with Madison
Over 13 years, Madison Resources provided the financial infrastructure and opertaional support that helped BWBacon scale confidently. Here’s what Dave had to say about our partnership:
“I worked with Madison Resource Funding for over 13 years and they were an exceptional partner to our company. I frequently referred to the team at Madison as our ‘ghosts in the machine’ and our ‘secret weapon’. I liked to think of Madison as an extension of our brand because of the increased value proposition we had with our clients that gave us a competitive advantage.”
As BWBacon grew, Madison helped them handle challenges like payroll expansion, back office scaling, and navigating shifting market conditions always with a focus on flexibility, communication, and care for all parties involved.
“When you’re partners for the length of time we were (well over a decade), there were of course many challenges we faced — market swings, and situations that needed to be handled swiftly, with flexibility, great communications and with care in mind for all parties involved — and I always felt like we navigated them to our mutual satisfaction. We loved our partnership, we made it fun, and I can say that there was a direct correlation between our company’s significant growth and our partnership. I have recommended Madison to other founders I know, and I would always recommend them!”
How Madison Resources Helps Staffing Firms Succeed
At Madison Resources, we go beyond back office support. We empower tech staffing firms to scale by giving them the capital, infrastructure and insight they need to stay competitive in fast moving markets like Denver. Heres how we do it:
Payroll Funding: We provide working capital so staffing firms can take on larger contracts, pay talent faster, and invest in growth — without worrying about cash flow.
Back Office Support: Our back office solutions empower staffing firms to scale efficiently by handling critical operational functions so they can focus on growth. Our comprehensive support includes:
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Credit Services – We assess and manage client credit, reducing your risk and helping you take on more business with confidence.
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Payroll Processing – Accurate, timely payroll ensures your workforce is paid without administrative burden on your team.
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Payroll Tax Filing – We handle complex tax compliance and filings, keeping you audit-ready and stress-free.
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Invoicing & Collections – Our team manages billing and follows up on payments, ensuring consistent cash flow.
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Cash Applications – We apply incoming payments quickly and accurately to keep your books clean and your finances transparent.
Staffing Specific Technology: Our powerful reporting provides deep insight into sales, payroll, receivables, and more available 24/7 through Madison Online Solutions. Performance Analytics tracks key metrics like sales trends, gross margins, and profits, simplifying monthly bookkeeping and boosting financial clarity.
With our suite of APIs, you can integrate your preferred front-end software with our back office, creating a seamless workflow.
Together, these tools make it easier to manage finances, operations, and growth.
Industry Expertise: With over 33 years of experience, Madison Resources is a trusted partner to staffing firms nationwide. We’ve helped countless numbers of IT staffing firms through both market booms and downturns. Our deep industry knowledge means we understand the unique challenges staffing firms face, and we’re equipped to guide you through them. Whether you’re expanding, streamlining operations or navigating uncertanty, our proven expertise ensure you’re never doing it alone.
Ready to Scale? Let's Talk
BWBacon’s story is just one of many. We’re proud to support staffing firms across the country especially in thriving markets like Denver as they grow, adapt, and thrive.
If you’re seeking a partner who understands funding for IT staffing firms in Denver, Madison Resources is here to help. Let’s talk about how we can be the “ghost in your machine” and your secret weapon for growth.
Ready to start your funding journey? Partner with Madison Resources today [apply here]
About the Author
Tyler Tierney is a funding expert at Madison Resources, specializing in helping staffing firms secure the capital they need to grow. With a strong track record of supporting both established companies and startups, Tyler works closely with clients to design strategic funding solutions and operational plans that maximize business potential and drive sustainable growth.
Explore our website to find more staffing insights. Madison Resources is the premier payroll funding and back office support partner to the staffing industry. Grow with confidence.