Healthcare Recruitment Finance

Our client provides residential care providers to a local authority. Due to the lengthy payment terms from thje local authority the business had cash flow problems because they were paying staff weekly.

They had approached banks and other well known invoice finance providers who were reluctant to assist because they only had one customer. Other issues included the contractual nature of the relationship with the local authority.

With our knowledge of the invoice finance market we were easily able to make a recommendation. We introduced a specilaised lender that put in place an invoice finance facility with a 100% prepayment.

Since starting the facility our clients has doubled turnover and has been able to take on new contracts.

Contact us today on 0845 251 4040.