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What are the advantages of invoice finance for recruitment agencies?

What are the advantages of invoice finance

Maintaining a good cash flow is crucial in any business and can prove especially challenging at times for temp recruiting agencies who are obligated to pay temp workers weekly, whilst clients often work to 30+ day credit terms. Not having the funds to bridge the gap between paying workers and receiving what is owed can […]

Posted by: Julie Boden on 5 July 2024 @ 12:25 am
Filed under: Invoice finance,recruitment finance

Late Invoice Payments In Your Recruitment Agency – What Can You Do?

Late Invoice Payments

Insufficient funds can quickly impact the growth of any recruitment agency and ultimately put the overall business survival at risk – bad debt can quickly mount up if you have too much money going out and not enough coming in. Late invoice payments are a huge cause of cash flow issues in the recruitment world, […]

Posted by: Julie Boden on 15 August 2023 @ 1:32 pm
Filed under: CASHFLO,Invoice finance