Recruitment and Staffing Factoring and Finance
Specifically Structured for Recruitment and Staffing Agencies in the United Kingdom (UK), England
Recruiting and Staffing Factoring and Finance | United Kingdom | England
There is no need to wait up to 90 days or longer to receive customer payments. Specifically designed for staffing agencies in the United Kingdom, this product offers funding and payroll support to foster business development and alleviate cash flow constraints.
The staffing and recruitment funding product offers a quick and easy way to help manage cash flow and payroll, letting you focus on the day-to-day running of your business.
SOME OF THE BENEFITS INCLUDE:
- Bridge the cash flow gap with an immediate cash injection against the value of your invoices, enabling you to meet payroll obligations on time
- Focus on the day-to-day running of your business by allowing you to concentrate on finding, winning, and retaining client contacts
- Remove the administrative burden and associated overhead costs, allowing you to streamline your processes with our back office and payroll support
- Manage any seasonal fluctuations
- Understand your financial position relating to margin per candidate or contract
- Reduce the time taken to understand and manage compliance (e.g. to Agency Worker's Regulations, Equal Opportunities, Eligibility to Work, and Data Protection)
- You can release up to 100% of the cash in your invoices with no long-term contracts and one simple fee as a percentage of your turnover
- Our team of experts has a detailed understanding of the staffing and recruitment sector, having worked in and directly with recruitment agencies themselves
- We have experience in supporting a variety of sectors including nursing, medical, hospitality, logistics, warehousing, and teaching
- We support you with back office and payroll freeing you up to find new candidates and clients
You will be working with our UK-based affiliate with a dedicated team of recruitment finance specialists who can help solve the specific problems recruiters face.
You will have 24/7 access to real-time reports through In-Time, the leading cloud-based pay and bill solution for recruiters, as standard.
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