Permanent Recruitment Company
A permanent recruitment company with a turnover of £2.5m came to us and asked us to source a confidential invoice discounting facility for them.
The banks were uncomfortable with the fact that they were a 100% permanent recruitment company. On occasion banks will assist but at a very low prepayment – typically about 50%.
Funding Solutions were able to source a confidential invoice discounting facility from an independent provider at a 70% prepayment level.
For more information of how we can assist your business, view our recruitment invoice finance page.