Factoring of your invoices
The primary process in an employment agency or a contracting firm is simple: find and manage your personnel, look after your clients. But there is more to it: cash flow is vital, and it is always a hassle to pay the wages in time. Wages need to be paid once per week, sometimes advance payments need to be made, while the invoice has not yet been paid by the client.
Invoice factoring makes life a lot easier. You send your invoice to your client and within 24 hours, you will receive payment by the invoice factoring company. The factoring company also takes care of the actual payment by client through their bank account.
Of course, there are certain conditions, like the client has to be credit-checked, invoices have to be backed by signed timesheets, they are the basis for the value of the invoice.
We have arrangements with an invoice factoring company as a service to you.
Please use the contact form below and we will get back to you as soon as possible.