Touch Financial
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Recruitment Finance

Touch Financial have already seen hundreds of UK based businesses benefit from our finance solutions tailored specifically for recruitment companies. We have recruitment specialist experts with the knowledge to help put a stop to the age old recruitment industry problem – paying staff wages weekly, but being paid for your staff monthly

Invoice Finance is a funding solution which has been used by recruitment companies for decades, which has allowed it to be tailored perfectly to the needs of your industry.

The simple way to pay staff wages on time, every time

With invoice finance, you can receive the value of any outstanding invoices which you are awaiting payment for. We can find you a lender which will tailor an invoice finance package specifically for your recruitment business, providing you with up to 95% of the value of your invoices within 24 hours of their creation.

Why choose Invoice Finance – Recruitment Factoring

There are two key forms of invoice finance available for recruiters, which can be further tailored to suit your specific needs.

Factoring – Provides you with a cash advance against the invoices you are yet to receive payment for, often within 24 hours. Factoring may be the invoice finance product suited for your business if you do not already have an established credit control facility as the lender will take charge of receiving and chasing payments from your customer. So if you turnover is more than £25,000 + VAT annually.

Invoice discounting – Similar to a factoring facility, as described above, but with one major difference – you are left in charge of the credit control facility. This further tailors invoice finance towards larger companies who have already established effective credit collection administration processes. As a turnover range, you are looking at about £100,000 + VAT.

To skip straight to our visual guide on the differences between invoice discounting and factoring, see our infographic.

The benefits of Recruitment Factoring for your recruitment business

There are many advantages of choosing invoice finance as your recruitment funding solution:

  • No need for high value assets to secure your finances as you are supplied with the cash advanced against your future invoices.
  • Bank loan and overdraft alternative, advancing you up to four times as much cash whilst also growing as your turnover grows, unlike an overdraft.
  • Tailored recruitment packages can be personalised to your business needs, saving you time on admin and credit collection.
  • All inclusive packages are available, so all you have to do is match the staff the jobs and watch the profit come in.
  • Receive expert advice throughout the entire process as our lenders have years of practice serving in the recruitment industry.
  • Your credit collection alternative means the factoring lender collects the debt from your customers for you.

If you would like to learn more about how factoring or invoice discounting can help your recruitment business, please follow this link to our short quote form. By filling this in, you will enable us to be prepared for when we call you for a free, no obligation chat about your options. We look forward to hearing from you.

Here is the story of Ashley Alinia, of Right Track Recruitment. See more testimonials of people we have helped, here.

The Recruitment industry has it\’s own set of funding challenges. Let us help you find the best funding solution for your needs.

Explore Further

Visit our Case Studies


Visit our case studies feed to find out more on how alternative finance products such as invoice finance have helped UK businesses in all industries and turnover.

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"Very polite and a professional team of financial advisers who seem to know their business, work well within their industry and get a result."-Invoice Finance Introduction

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