How we can help
The main benefit of arranging your facility through Touch Financial is that you’ll work with one of our expert consultants. They’ll be able to match you with a lender that is most appropriate for your business at no cost and without any obligation to proceed.
You’ll be able to discuss fees, how quickly you need to be paid, the size of facility you require and obtain quotes from multiple or a single lender without having to search the market yourself. We’ve helped thousands of recruitment companies arrange invoice finance so you can have confidence in the solution you choose.
Agree better rates
If you already have a facility in place our consultants will be happy to review this and recommend alternatives if appropriate which could help to lower your fees.
Increase the size of your facility
If you’ve had a facility in place for some time, it’s likely that you’ve grown or are in different circumstances than when you set this up. This could enable our consultants to increase the size of your facility, giving you increased cash flow to take your business to the next level.
Types of invoice finance for recruiters
There are different types of invoice finance available to recruitment companies. Our consultants can work with you to help you decide which is the most appropriate for your business.
With factoring, you can usually receive the funds from your invoices within 24 hours. With this option, the lender takes over credit control which can save you time and resources if you don’t already have this in place.
For factoring, you need a minimum annual turnover of £25k.
Read More about Factoring
Similar to factoring but with one crucial difference – you are left in charge of credit control. Some businesses prefer this option as your customers will not know that you have a facility in place.
For discounting the minimum turnover is £100k/
Read More about Discounting