Everything you need to know before changing funding provider
Switching your invoice finance provider is a decision that demands thorough consideration. Various factors might lead you to explore a different funding option for your recruitment agency, but what should you contemplate before proceeding? Here are some things to keep front of mind when changing your existing provider 1. Analyse your current financing agreement: Before […]
What are the advantages of invoice finance for recruitment agencies?
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 […]
Late Invoice Payments In Your Recruitment Agency – What Can You Do?
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, […]
