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Category Archives: Recruitment
Finance for a new start recruitment company
We see a lot of enquiries for new start recruitment businesses where someone working in recruitment has decisded to start up on their own. These can range from a one person operations right through to well capitalised multi office operations. … Continue reading
Factoring fees. Are they increasing?
The headline rates for factoring fees seem to be reducing again as lenders return to the market and competition increases. This is obviously good news. However, there does seem to be a lot of additional fees being introduced by lenders. … Continue reading
Does factoring impact on profits?
Factoring most definitely impacts on profits. Let’s have a look at the different ways factoring can impacts on profits. The most obvious way is by reducing profits because of the costs involved. Factoring has a definite and not insignificant cost … Continue reading
Recruitment Finance
Recruitment finance comes in various formats and with various added on services. Typically it is a requirement of temporary recruitment companies who have a weekly payroll yet only get paid by clients on a monthly basis if they are lucky. … Continue reading
Latest Client – Single Invoice Factoring – Recruitment
Our latest client is a permanent recruitment company who was looking to access some cash for a short period of time. We fully explained their options and the associated costs and they decided a spot factoring facility was the best … Continue reading