Recruitment Factoring enables you to get paid when you raise your invoices, regardless of when your client actually pays you and is a key financial strategy for many recruitment companies. It takes away all the difficulties of chasing money and helps removes the worry of not knowing when you might get paid. Invoice Factoring is a fast, painless way to improve your cashflow and with Venture, you get the advantage of industry-leading credit control working for your business too.

How does Recruitment Factoring work?

Instead of waiting for clients to pay your invoices after a placement or service is complete, you send copies of your clients’ invoices to us. You can then draw up to 95% of the value, immediately – with the balance, less our fee – available once we’ve collected the money from your client. No more waiting 30, 60, or 90 days. No more wondering when you’re going to get paid.

Recruitment Factoring means that we take responsibility for securing the payment from your clients. We do it efficiently, courteously and professionally – tailored to your business culture. Your clients get a good impression and you enjoy excellent credit control, without the overhead. Include our Recruitment Bad Debt Protection service, and you can reduce your risk from failing clients too.

What’s next?

To find out more, take a look at the benefits or simply discuss your situation with our experienced team on: 0800 077 8547

If you would prefer to maintain your own in-house credit control, take a look at Recruitment Invoice Discounting.