Recruitment Finance

Let our market-leading recruitment team remove the hassle of back office processing and payroll demands.

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WHAT IS RECRUITMENT FINANCE?

A back office and Invoice Finance facility rolled into one. You pass the headache of credit control and payroll responsibilities to us.

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WHY PICK RECRUITMENT FINANCE?

To remove the administration and funding burden and allow your payroll process to flow smoothly.

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HOW DOES IT WORK?

We process your time sheet information and advance funds to meet the payroll cost. Once the invoice is paid, you get the balance.

Give me the facts

ELIGIBILITY Any time-sheeted business
AMOUNT Up to 95% of your unpaid invoice value up to £5m
DURATION Unlimited - rolling contract
DISCOUNT RATE Competitively priced
FEES Set up and service fees apply
APPLICATION PROCESS Online enquiry and meeting
SECURITY REQUIRED Assignment of invoices supported by debenture
SPEED OF DECISION Within 2 working days
TIMING OF CASH Advanced within 1 working day of your first payroll
REPAYMENT Revolving working capital facility
PERSONAL SERVICE Dedicated expert recruitment team
BEST FOR... Simple cashflow and back office management

Request a quote from one of our experts

How it works

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GET A QUOTE

Complete the form above to receive a quote or call us on 0800 121 7757.

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PROVIDE YOUR DETAILS

So we can tailor the facility to best suit you.

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FINALISE KEY DOCUMENTATION

Send us your sales ledger, relevant invoices and financial information. For the payroll element we also need your candidate and client list.

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SIGN YOUR AGREEMENT

Money will be released within 24 hours of your first payroll.

Your questions answered

Recruitment Finance

Who is Recruitment Finance for?

Recruitment Finance is for any timesheet-related company that is paid to credit terms and needs a helping hand with their back office administration and working capital in order to pay wages.

Why would I take Recruitment Finance?

Wages for workers are usually paid on a weekly basis but customer invoices will often be paid on a monthly basis. This creates a cashflow gap, which can easily be solved using Recruitment Finance.

What other benefits does Recruitment Finance offer?

With Recruitment Finance we can manage your payroll and sales ledger in addition to advancing you money against outstanding invoices. We do everything in-house, no outsourcing, so the team managing your account will be working together. We can take away all the complications and hassles involved in paying staff, handling pension contributions and dealing with HMRC every week.

How long can I use Recruitment Finance for?

Recruitment Finance is available for as long as you need it.

How much will Recruitment Finance cost me?

Agreements vary between customers and are dependent on your business needs, but we are always competitive and transparent about our costs.

Can I get other funding, such as a loan, if I use Recruitment Finance?

Absolutely – Recruitment Finance is designed to be totally flexible so if you also want a loan to help with something else then we can work with you to set that up.

Want to speak to someone?

We’re always here to support you and your business in a way that best suits you.

Contact Us

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