Unique Permanent Recruitment Finance
We understand that running a permanent recruitment consultancy brings with it many unique challenges and conflicting priorities.
Accessing recruitment factoring for perm placements is an industry-wide problem. It can be very difficult to find a financier that’s willing to provide recruitment finance and even more difficult to find one that understands how recruitment businesses work.
For permanent recruiters, immediate access to cash is a good thing – it enables you to invest in the growth of your business, but traditional invoice factoring companies are not as willing. Whilst you see fast payment as a major benefit, giving you the freedom to drive forward and make key decisions, they only see risk.
The answer is Simplicity.
Simplicity partners don’t have to put off their growth plans and they have no concerns around unreliable debtors.
Our most successful permanent consultancies tell us that the key to their success is spending more time on business development and fee generating activities. They have time to win more clients and source the best talent, so they get to market faster and stay ahead of their competition.
100% Recruitment Finance on Permanent Placements
If you could gain access to your cash within two days of raising an invoice, how much of a difference would it make to your business?
Permanent consultancies are waiting approximately 30 – 45+ days to receive payment for their placements’ – imagine the new business you could generate in that time. If only you had immediate access to your cash and didn’t have to spend your valuable time chasing debt, raising invoices and worrying about cash flow management.
We have carefully tailored a unique offering to deliver exactly that. Improve your cash flow and increase your selling time with our 100% finance solution on perm placements. We’re confident that our solution is one of the highest levels in the industry and that’s completely intentional – our business is your success.
Our solution doesn’t stop there. If the worst does happen, your business is protected too. If a client goes bust, your risk is reduced through our debt protection, which comes as standard – on top of any bad-debt provision you may already have in place.
And In addition to all of that take care of your back-office functions and provide you with Free Recruitment workflow technology – GEMS. The pioneering technology allows you to manage all of your clients and candidates, process job bookings and access all your key management information, wherever you are, 24 hours a day, 7 days a week.
Featured | Aaron Wallis
For Aaron Wallis it was obvious from the outset that a recruitment factoring company would be on the agenda. Having set up in 2007 - the start of the slide into recession, waiting between 30 – 45 + days to…
Ultimately, it’s about peace of mind - we know that all of our costs are covered and the money we have can be spent on growing the business.
Stand out from the crowd and increase your fees
Permanent recruitment is a competitive marketplace and our partners tell us that they’re always looking for ways they can stand out from the crowd. Our answer is simple – our unique 12-month rebate scheme.
The scheme helps you win more clients by providing you with the ability to offer a rebate up to 12 months after placing a candidate. This means that if a candidate leaves the client within the first 12 months, Simplicity refund a percentage of the invoice (depending on the period in which the candidate leaves). Our partners tell us this scheme gets them on to previously difficult to secure Preferred Supplier Lists (PSL) and allows them to increase their profits by charging higher fees.
We’ve spent the past 15 years making permanent recruitment consultancies more successful. If you’d like to gain immediate access to funds and spend more time growing your business, contact us to find out how our recruitment finance solution can work for you.
We've lent almost £1Billion helping recruitment businesses to grow
Simplicity have an industry leading reputation forged over 15 years of business
Our unrivaled team have paid over 1.5 million payslips, without fail.
We've helped thousands of recruitment businesses grow over the past 15 years