Recruitment
A recruitment agency stuck on 60-day terms
Paying contractors weekly while clients paid monthly. Growth was making the gap worse, not better.
- Facility: £250,000 facility
- Completed in 6 days
The position
The classic recruitment squeeze. Contractors paid weekly, clients paying on sixty days. Every new placement widened the cashflow gap, so winning work was actively dangerous.
What we did
A confidential invoice discounting facility advancing 90% on issue, structured so the agency kept its own credit control and clients never knew a funder was involved.
The outcome
The gap closed permanently. The agency has since taken on forty more contractors without a further funding round.
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