- 22 Oct
Recruitment Outsourcing Without Issues
I posted the other day about the issues that can be associated with some of the recruitment outsourcing companies who also provide funding. Interestingly, we have just had a conversation with a new outsourcing invoice finance company that are able to provide the full range of services from funding, to payroll management to accounting services.
Being able to access this kind of package of services without ending up in a position where you are just passed on your profit margin by the provider, will be seen as a huge benefit by some recruitment companies.
If you are a recruiter that wants to focus on generating placements, rather than all the business management related issues associated with running a business, these kinds of services are ideal.
However as I have documented previously, some of the services can almost take over the management of your business and you can end up locked into the service, unable to afford to leave.
If you are interested in understanding how the alternative model for recruitment outsourcing and funding, please speak to Sean on 03330 113622.
- 03 Dec
UK Ombudsman Proposals For Banking And Finance Complaints
UK Finance, the trade association for the UK banking and finance industry, which was formed on the 1st of July 2017, has announced proposals to increase SMEs access to independent ombudsman services.Any SMEs with invoice finance related complaints should see our advice regarding invoice finance complaints.SMEs could soon have banking and finance disputes resolved, and dealt with, via a binding...
- 29 Nov
DIY Debt Collection - How To Collect An Unpaid Debt
We are sometimes asked for help collecting overdue debts. If there are numerous debts or if they are substantial enough there are providers that will handle the case for you, however when the debt is smaller, maybe just a few thousand pounds, although important to you, you may also find that it is often not large enough to warrant getting professional debt collectors, or perhaps even solicitors...
- 28 Nov
Help Funding Christmas Cash Flow Problems
Hard to believe its only November and we are already planning for Christmas, however there are good reasons to plan ahead at this time of year. The cash flow of your business can be particularly affected by the seasonal effects of Christmas.For example, staff expect to receive their monthly wages early, before the Xmas break - and in some cases there will also be Christmas bonuses due to be paid....
- 24 Oct
Car Repair Invoice Discounting For All Sizes
We have had a lot of success helping finance car crash repairers. We have assisted the full range of sizes from small companies to multi-million pound turnover companies. There are no minimum turnover restrictions on these types of facilities so even the smallest businesses can use this type of invoice discounting without the need to worry about minimum fees, or reaching minimum levels of...
- 23 Oct
New Asset Based Lending Funding Company
One of the most important features of the business finance search service that we offer is that we are continually adding new funding companies to our panel of funding partners. There are almost 100 different invoice finance companies operating in the UK at present.We do this to make sure that we can provide not only the cheapest invoice finance prices, but also the most flexible funding options...
- 19 Oct
Recruitment Acquisition Finance
We are looking at a prospect that is seeking recruitment acquisition finance for a business that they are seeking to purchase. I highlight this as a reminder of how invoice finance can be used to fund company acquisitions.In this case it is a recruitment sector company, however the same approach can be applied to any sector.There are two possible ways in which you can structure this type of...