Recruitment agency invoice financing

Say goodbye to cashflow pressures

Maintaining constant cashflow can be a complex issue for contract recruitment agencies, especially when you need to pay contractors in 7 days whilst potentially waiting weeks for client payments.

Invoice financing, including invoice discounting and debt factoring, are solutions that provide a simple and effective cashflow solution, by releasing a percentage of fees due to you almost immediately after billing.

With debt factoring you 'sell' your invoices to us for a competitive percentage of their face value and we then undertake all ledger management and debt chasing, so you don't have to.

Invoice discounting provides a second option. Here you can draw down a percentage of your fees straightaway, but you retain responsibility for your invoicing, sales ledger and credit control.

Whether you're a start-up or established recruitment agency, TBOS can help you structure the right invoice finance solution or renegotiate your existing facility to secure a better deal.

But reducing cashflow pressure isn't just about the facility. Outsource your back office to us, including credit control, payroll and timesheet processing, and let us run your finances at peak efficiency.

This includes reconciling your accounts and dealing with your clients, contractors and invoice funding provider to solve any issues, achieve prompt payments and maximise cashflow.

If you would rather be dealing with clients than with paperwork, staff costs and back office issues, TBOS is the way ahead.

Contact us to learn how to set up your own invoice finance arrangement.

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