13 Jul 2023
by Santander

Invoice finance – assisting recruiters to thrive

Invoice finance assists recruiters by plugging funding gaps between paying placements and receiving payments from clients. It can also support the exceptional growth that recruiters can achieve and facilitate management buyouts (MBOs) and acquisitions.

Santander invoice finance takes a unique approach to Invoice finance in the recruitment sector and can:

  • Provide sector specialist Relationship Managers.
  • Include permanent placements in funding.
  • Fund elements of pay when paid contracts.
  • Fund domestic and export invoices.
  • Offer facilities in up to 14 different currencies.
  • Assist in setting up bank accounts for overseas subsidiaries.
  • Provide credit protection.

Available to

  • Established companies looking to meet payment gaps, ease working capital and help cope with future fast-paced growth.
  • Businesses trading with both domestic and international customers.

Invoice finance can also be used to assist with MBO’s/management buy-ins (MBIs) and acquisitions as businesses evolve and grow. Santander has recently became an APSCo Trusted Partner to underline its commitment to supporting and aiding the Recruitment Sector.

 

What we can do:

Santander invoice finance have assisted our business greatly over the years by being on hand when we need them to meet our funding needs. The wider Santander bank also supports International growth and can open doors to assist expansion when we need it. - Richard Ward, CEO, Fusion People

All lending is subject to status and our lending criteria. Fees and charges apply. The right to decline any application is reserved.

 

 

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