For new-start and growing healthcare recruitment businesses, invoice finance can be a lifeline to ensure cashflow requirements (primarily staff wage costs) can be met prior to receipt of funds from customers.
It is common for local councils and healthcare companies to use Neutral Vendor platforms (such as GRI, Matrix and Neuven) for their supplier payments. These arrangements can include conditions which many invoice finance lenders are not happy with (eg “pay when paid” arrangements); therefore, it can be difficult for healthcare businesses to source a flexible facility, with no restrictions, to suit their needs.
We have links with specialist funders who have an understanding of the healthcare sector and will provide facilities with no restrictions.
Please do not hesitate to get in touch for an independent speedy service.