The basic problem faced with recruitment agencies, especially temp agencies, is that they pay their temp staff on a weekly basis from their balance sheet but don't receive payment from their contracts as regularly - this short fall in cash flow must be addressed in some manner and factoring fits the bill perfectly.

Factoring is a service that a very large percent of the recruitment industry uses and because of this there are many factors who specialise in products especially for the industry.

When we constructed our panel of factors we realised that recruitment factoring would be a popular area and this is reflected in the factoring companies we work with.

To compare recruitment factoring prices click here.