Recruitment Business Financing

The recruitment industry has become increasingly competitive over recent years, and cash flow can be a major issue for many recruitment agencies, particularly those dealing with temporary staff: employees need to be paid weekly, but the client only pays the agency monthly. We can help plug the shortfall with a factoring or invoice discounting facility. By paying up to 85% of your invoices within 24 hours (the remaining 15% is paid later, less our service charges), we can deliver a financial solution that will help you avoid a funding squeeze.

In addition, invoice finance can be a particularly attractive option if your business is growing fast or if you win a major piece of new business. We can help you raise cash, and, if you receive a big order, we will approve a funding limit based on an assessment of the credit worthiness of your new customer.

Put simply, we manage your sales ledger whilst you focus on placing the right people in the right roles.

Security may be required. Product fees may apply.