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Invoice Finance in the Recruitment Industry

 

Key Questions the finance provider will ask

What is the split between temporary and permanent placements?

What are the clawback terms on permanent placements?

 

Things the finance provider will look out for

Compliance

Are all legal requirments for the sector in place where required eg. Gang Master Licences.

Temporary Placements

Are all timesheets signed by the supervisor at the placement.

Permanent Placemements

Is there any clawback period if the placemnet does not complete an agreed period of employment.

The above may result in offering lower prepayment levels. Improving the above areas will reduce costs and improve cash availablty.

Call us on 0845 643 4722 if you are n this sector and looking to improve your cashflow.