The recruitment industry is one which is heavily reliant on finance. Those of you who run a contractor book will be astutely aware of the stresses and strains of cash flow management. Delays between paying weekly wages and collecting invoices from customers can leave your business significantly exposed. Some of you will be fortunate enough to be able to fund your contractor book out of existing working capital, whilst a lucky few of you may be able to benefit from extensive equity/debt backing from investors.
For everyone else, establishing the right type and right level of funding can be a confusing process. Set out below are few of the more popular solutions.