Quick funding for professional practices hiring now
Thursday 14th August 2025

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Cash flow challenge: I’m expanding my team to meet client demand, but I need funding to cover recruitment and salary costs before new revenue comes in.
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Perfect for: Professional practices such as law firms, accountancy firms, architects, and consultancies looking to finance team expansion without disrupting cash flow.
Novuna helps professional practices secure quick funding to cover recruitment and training costs, either through our award-winning in-house service or by comparing the market to find the best fit for your growth plans.
We work with providers who understand the cash flow needs of service-based businesses, help you apply, and make sure you get the right deal.
Why cash flow matters when expanding your team
Recruiting skilled professionals requires upfront investment in salaries, training, and onboarding. For many firms, this comes before new client fees are invoiced or paid. Without access to quick funding, you may be forced to delay recruitment, risk losing top candidates, or put a strain on your working capital.
Funding options for professional practices
Invoice finance
If your practice offers payment terms to clients, invoice finance can help you unlock the value of unpaid invoices. This provides immediate access to funds that can be used for salaries and recruitment costs. Depending on your needs, you could opt for:
- Invoice factoring – where the finance provider manages your credit control and payment collection.
- Invoice discounting – where you retain control of your sales ledger and collections.
Business loans
A short-term business loan can be a straightforward way to fund team expansion. Many lenders offer flexible repayment options, allowing you to match repayments with your firm’s revenue patterns.
Working capital loans
These loans are designed to cover operational costs, making them ideal for covering recruitment and payroll during a growth phase. They can be arranged quickly and often without the need for asset security.
Merchant cash advance
If your firm processes card payments, a merchant cash advance allows you to borrow based on future card sales. Repayments are taken as a percentage of daily card takings, so they adjust with your revenue flow.
Factors to consider when choosing funding
- The speed at which you need the funds
- The cost of borrowing and total repayment amount
- Whether you want to keep payment collections in-house or outsource them
- How predictable your revenue is during and after the expansion phase
How Novuna Business Cash Flow can help
We work with professional service firms across the UK to identify the right funding solutions for their growth plans. With quick decisions and flexible terms, we help ensure you can expand your team without jeopardising day-to-day operations.