New start recruitment company

New start recruitment company
12/01/2015
    

A new start recruitment company approached us to source them a factoring facility together with full back office and payroll for the IT contracting recruitment company that they had just set up.

The directors had previous experience of the industry and were forecasting a turnover in the first year of £1m which in view of their backgrounds seemed reasonable.

We introduced them to one of the few independent factoring companies that actually run their own payroll in house rather than outsourcing it to a third party who were keen to offer them a facility and due to the volume of enquiries generated by Factoring Solutions we were able to source them a highly competitive rate of 2.5% which was much cheaper than if they had approached the factoring company directly.

ES Ltd of Heathrow