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Recruitment Industry finance

Cashflow Issues for the Recruitment Sector

Paying Wages


Long Payment Terms

Vendors and RPOs

Cashflow Solutions for the Recruitment Sector

Invoice Finance

Running a recruitment agency can be extremely challenging when facing long payment terms. Most agencies will need to pay their contractors before actually receiving payment from their customers, which can easily create a cashflow problem. Many agencies turn to factoring or invoice discounting to solve this problem by releasing up to 100% of the invoice value immediately. This will give the agency the ability to pay wages on time without any concerns of when their invoices will be paid. This is how it works:

This is how it works

Upload your invoice

Upload your invoice

Get up to  100% of your invoice immediately

Get up to 100% of your invoice immediately

Improve your cashflow

Improve your cashflow

Why would a business in the recruitment sector use invoice finance:

Improve day to day cashflow

Insure your invoices

Outsource Credit Control (optional)

Grow and fund new projects

Negotiate better terms with your supplier by having the ability to pay up front or sooner

Quick and simple to set up

Does my business qualify?

No minimum turnover required

Sole Trader, LLP or Ltd Company

No Trading History Required

Recruitment Finance (Pay & Bill Funding)

This type of facility pays temporary staff or contractors on your behalf (weekly, biweekly or monthly), invoices clients directly and manages timesheets (online or manually) with the provision of full back-office systems to manage the pay and bill process.

Recruitment Finance Options
Funding RPOS
Bad Debt Protection

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