Recruitment Invoice Discounting enables you to
confidentially raise funding from your unpaid invoices without waiting 30, 60 or 90 days to be paid by your client. Recruitment Invoice Discounting with Venture delivers improved cashflow, offers the option to protect your business from bad debt and supports you with quality service from a personal Relationship Manager - while you continue to take responsibility for credit control in-house.
How does Recruitment Invoice Discounting work?
With Recruitment Invoice Discounting, you raise an invoice to your client on your own company stationery, send it to your client and then present us a copy for payment. We give you up to 95% of the value of the invoice straight away. Your own credit controller secures payment from your client, which is then paid in to your client account at Venture Finance. (Your client has no idea that Venture is involved.) Once the funds have cleared, we send you the balance owed, less our fee.
Recruitment Invoice Discounting is ideal if you have an annual turnover above £500,000 and an established credit control function. It enables you to quickly inject capital into your business, without having to deal with banks or sacrifice equity.
What’s next?
To find out more, take a look at
the benefits or give our experienced team a call:
0800 077 8547.
If you have an annual turnover of less than £500,000, or would prefer to enjoy the benefits of outsourcing your credit control function, take a look at our
Recruitment Factoring solutions.
