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Recruitment companies have options available to release cash from their sales invoices.

Hi, my name is Graeme Shevas.
I help Recruitment Companies who are having problems with
their cash flow, to release cash from their sales invoices.

I’ve been in business for over 30 years and one of the questions
that my customers have been asking me lately is ‘how do I get my
cashflow moving now that other businesses are having trouble paying
their bills?’.

Here’s my best advice: If you’re operating in the Business to Business
sector, you’ll be raising invoices for your products or services. At the
moment, your normal payment terms for those invoices will most likely be
45 to 60 days. You may have seen a drop-off in trade and the amount of
money that you’re going to have over the coming months will be significantly
reduced.

You may well have enough to get you through until the point where you can
begin trading at normal levels again, but when you need cash to pay the
bills as you return to normal trading levels, you’re going to have to wait
another 45-60 days for payment. Therefore, the actual funding gap is going
to be longer than the business interruption.

How are you going to plug that gap? This is where Invoice Finance and the
Coronavirus Business Interruption Loan Scheme (CBILS) guarantee may be able
to help.

As soon as you raise an invoice you could have access to 85-90% of its
value within 24 hours instead of having to wait the 45-60 days to get
paid. This will give you ready cash flow to allow you to meet your costs
and thrive as we get back to normal.

This is something that I specialise in and my role is to make sure that
you don’t need to go to lots of different providers. You only need to
provide your information once and we will access the most suitable providers
based on the sector that you’re in, your turnover, and how your business is doing.

It is a straightforward process to apply and it doesn’t cost you anything,
my fee is covered by the provider.

If you think this may work for you, or have any questions, fill out the ‘Contact Us’
page on this website and we can have a discussion about how we can help.