Permanent Recruitment
Permanent Recruitment – Factoring or Invoice Discounting
Permanent recruitment companies looking for factoring or invoice discounting facilities can now easily be helped by Smart Factoring Quotes. We have had plenty of experience setting up factoring and invoice discounting facilities for permanent recruitment companies and understand in full the challenges that you may be facing.
Historically invoice factoring and discounting companies would avoid perm recruitment companies as they thought that the debt was unsecure because of the potential refunds that are due should a candidate not remain as an employee.
This slowly improved as invoice finance lenders gained more insight into the perm recruitment sector and realised this was not really the norm. We started seeing facilities being offered to permanent recruitment companies at a 50% prepayment a few years ago. This has slowly improved and we are delighted this has continued to improve.
If you are a permanent recruitment company we can help you source invoice factoring or invoice discounting facilities at a 70% prepayment.
If you are a permanent recruitment company give us a call today on 0845 863 0738 to fully understand your options.
