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How we support the recruitment agency industry
Running a recruitment agency means balancing client demands, contractor payments, and delayed invoices. Our recruitment hub helps agencies keep cash flow steadywith funding options that support smooth operations and growth.
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Cash flow challenge: I need to pay contractors and staff before receiving client payments
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Perfect for: Recruitment agencies that manage temporary or contract placements and need flexible funding to bridge the gap between paying workers and receiving client invoices
Novuna helps recruitment agencies unlock cash tied up in invoices or contracts, so you can meet payroll commitments and scale confidently.
We compare providers, help you apply, and ensure you get the right funding for your agency.
Useful resources for our recruitment agency industry
Invoice factoring
Invoice factoring helps you unlock cash tied up in unpaid invoices. It’s an effective way to improve cash flow and reduce pressure from late-paying customers.
Contract finance
Contract finance provides funding against the value of ongoing recruitment contracts. It bridges the gap between paying staff and receiving client payments, keeping payroll consistent.
Invoice discounting
Invoice discounting gives you access to working capital while keeping control of collections. It’s a confidential option for agencies that want to maintain direct client relationships.
We can help you with recruitment cash flow pressures
Payroll and contractor costs
Recruitment agencies often pay contractors weekly or monthly while waiting for client invoices to be settled. This creates significant cash flow pressure. Invoice finance provides fast access to funds, ensuring everyone gets paid on time.
Delayed client payments
Late or inconsistent payments from clients can disrupt operations and limit growth. With finance solutions like invoice discounting or factoring, agencies can release cash quickly to cover salaries and overheads.
Seasonal demand fluctuations
Recruitment needs often rise and fall with business cycles. During quieter periods, maintaining overheads such as office rent and staffing can be tough. Seasonal funding helps manage slower months and prepare for peak seasons.
Growth and expansion costs
Taking on new clients or expanding into new sectors often requires additional staff, marketing, or technology investment. Short-term finance options help you fund expansion without straining cash reserves.
Explore our latest blogs in the recruitment agency industry
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