Recruitment/Payroll Finance

Funding solutions for SMEs

Recruitment/Payroll Finance

This form of finance removes the stress and hassle of staff or new candidates’ wages. Our funders can provide the complete back office service for recruitment companies including: payroll, invoicing, collections, finance and Bad Debt Protection if desired. Lenders pay 100% of your candidates’ wages whilst you receive the profit margin.

The documents requested so that we can make a start are as follows:

  • Last 2 years accounts, not abbreviated
  • Latest management accounts for the year to date
  • Forecasts for next 12 months, if available
  • Summary aged debtor and creditor ledgers
  • List of top 10 customers, their registered company number and required credit limit for each
  • Number of employees to be paid weekly/monthly and expected amount

You can upload your documents safely here:

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    SME funding UK Ltd is Authorised and Regulated by the Financial Conduct Authority – FRN: 772970

    We are a Member of the National Association of Finance Brokers (M/0122/16)

    We are also registered with the Information Commissioner’s Office (ZA209808)

    Please note SME funding UK Ltd are brokers and not a direct lender.