My Invoice Factoring will reduce the strain on your business of employee payment processing with our payroll services and recruitment finance solutions.
Readily available funds
If you provide temporary labour and manpower/personnel supported by signed timesheets, payroll finance could be just the answer to help pay staff salaries while you wait for customers to settle invoices. Speak to our advisors to discuss how Payroll Finance can benefit your business.
Payroll finance provides an immediate injection of funds against the value of your business’ outstanding sales invoices. Thereafter, the lender will calculate the net salary for your contractors, including the administration of payslips and returns for National Insurance, PAYE and VAT. The sales invoices will be prepared and sent out by the lender in the client’s trading style. The lender will also undertake the chasing and payment of invoices through statements, reminders and telephone calls.
What are the benefits
Be able to access funding each week to pay contractors’ salaries
Reassurance that your contractors will always be paid on time
Funding that is linked to your growth in turnover
To find out if your business is eligible for payroll finance, contact an advisor today.
Call My Invoice Factoring on 020 8770 3511 or 07774 483 185 for Recruitment Finance solutions
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