Recruitment factoring

Recruitment factoring, an immediate financial solution

As a new or expanding recruitment agency it can be tricky to meet all your bills. Customers can be sluggish in payment and this can impact on your cashflow, leaving you lacking the funds to meet your liabilities.

Fortunately, recruitment factoring offers a solution as it converts unpaid invoices into cash. Up to 90% of their value can be accessed within 24 hours, with the factoring company giving you a cash advance and taking care of debt collection for you.

With their years of working with recruitment agencies Aldermore Bank are experts in the area, so we’ve teamed up to offer a recruitment factoring service tailored to your business needs. Simple, efficient and stress-free it’s an excellent financial solution.

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The benefits of recruitment invoice discounting

• Release higher levels of working capital than an overdraft
• Specialist finance to match your agency’s needs and that grows with your sales
• Unlike factoring, you manage payment collection from your customers

Find out more

Get started with Aldermore Bank

Arranging your recruitment factoring service is quick and easy, just follow these simple steps:

• Complete the quick enquiry form, telling us a bit more about you and your business.
• Once we've got a picture of your needs and priorities, we'll refer you to Aldermore Bank's specialist business finance team. They'll then get in touch by email with a quote, or to arrange a face-to-face appointment at a time that suits you.
• Happy with your quote? Aldermore Bank will tailor a brand new recruitment factoring solution, that’ll help you take back control of your business finances.

To get a quote now, why not try out Aldermore Bank's quick calculator?