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Managing your administration and releasing your cashflow

We recognise that as a recruitment agency, you need to pay temporary workers and contractor staff while waiting for your invoices to be paid by clients. At the same time, you need to manage the day-to-day running of back office administration and timesheet management.
We can help your recruitment business by releasing the cash tied up in unpaid invoices whilst removing the administrative burden, which we can manage on your behalf, leaving you valuable time to manage your business.

The benefits to your recruitment agency

 Our funding can help you to:

  • Bridge the cashflow 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 Workers Regulations, Equal Opportunities, Eligibility to Work and Data Protection) 

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Why choose us?

  • We were awarded the Best Banking and Financial Services supplier at the 2017 Recruitment International awards
  • We have a dedicated team of recruitment finance specialists who help solve the specific problems recruiters face
  • Over the past 10 years we've partnered with RSM Employer Services, the UK's largest pay and bill provider, to offer back office support to our clients
  • You 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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How we can help

  • 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 have a detailed understanding of the 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

I was interested in how Recruitment Finance could help with cashflow fluctuations in my business. Working with Bibby Financial Services has allowed me to free up my time and create more value in the business. Existing Recruitment Finance client

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Talk to a member of our team today on 0808 163 1060