- 28 Nov
Payroll Financing For New Construction Staff Agency In Bolton
This case study explains how FundInvoice found payroll financing for a construction staff agency based in Bolton, UK with ambitious expansion plans.
Payroll Financing For A New Construction Staff Agency In Bolton
In this case, we introduced a new Bolton-based startup staff agency to an independent payroll financing provider.
Funding A Bolton-Based Recruitment Startup
FundInvoice was approached by a new startup staff agency that intended to specialise in skilled construction workers hired temporarily.
The company traded out of Bolton and was launched by Directors with extensive agency experience within the sector.
SEE ALSO: Our Business Startup Guide
The Challenge Of High Payroll Demands for A New Start Recruitment Agency
Given the Director's extensive experience within the sector, they were expecting rapid expansion during their first year of trade.
This meant that the new startup company would need a bigger funding line than might normally be offered to a newly started company.
The client sought a provider that could offer specialist sector-specific financing, including outsourced services such as payroll management to reduce their admin.
NOTE: If you want to run your own payroll training is available from The Chartered Institute Of Payroll Professionals CIPP.
Finding Specialist Recruitment Payroll Financing For Skilled Construction Temps
FundInvoice introduced the company to an established independent provider of payroll financing that was prepared to take a view and offer a larger funding line to meet their future growth expectations.
Financing Payroll for Skilled Temporary Workers
The funder established a substantial facility that will meet our client's current and future cash flow needs.
The larger facility will allow them to scale their business rapidly without needing to worry about funding constraints.
Need Similar Payroll Financing Help?
If you have a similar need for payroll financing please call us on 03330 113622 and we will help you find what you need.