Recruitment Finance and Back-Office

 

Workwell Funding
Invoice Funding & Back-Office

Fully integrated, suite of services to help you fund your startup or grow your recruitment business

  • 100% recruitment invoice finance
  • 100% bad debt protection
  • Your gross profit paid weekly to maintain cashflow
  • Multi-currency invoice finance
  • Cloud-based recruitment CRM with integrated pay & bill

Choose the financing solution that’s right for your business

Workwell

Complete Funding

Recruitment Finance & Back-Office

Fully integrated, comprehensive suite of services to help you fund your startup or grow your recruitment business, with 100% invoice financing and full bad debt protection.

  • 100% invoice financing
  • Full bad debt protection
  • Your margin paid up-front and on a weekly basis
  • No set-up fees
  • Funding in 17 currencies
  • We can pay contractors in 170 countries
  • Recruitment CRM with an integrated pay & bill
  • Expert payroll management
  • Company incorporation
  • Credit control & reporting
  • Accountancy services

 

Workwell

Fund-As-You-Go

Ad-hoc Invoice Funding Solution

On-demand finance access for your ad-hoc funding requirements. The perfect solution for trialling a new recruitment project on a placement-by-placement basis.

  • 100% invoice financing on a contract-by-contract basis
  • Full bad debt protection
  • Your margin paid when your client pays
  • Quick & easy setup with no additional fees
  • Funding in 17 currencies
  • We can pay contractors in 170 countries
  • We provide a seamless transition for switching invoice finance providers
  • Perfect for trialling a new business or project both in the UK or abroad
  • Great for business owners who cannot obtain credit
  • No personal guarantees are required

 

What our customers Say?

Recruitment Finance and Back-Office
Shane Whittaker

MD, B&W Recruitment Ltd

The team are second-to-none, hence the reason we sign a new contract with them each year! Any request is dealt with promptly, whether it be client or candidate-related.
We may get a slightly cheaper management fee elsewhere but we know we would lose the personal touch and the efficiency that we like & require.

Highly recommended, especially for anyone just starting out.!

Recruitment Finance and Back-Office
Dean Adkins

MD, Adkins & Cheurfi Recruitment Ltd

We have been with Workwell since day one and we have chosen to stay with them despite frequent approaches from other funders and back office providers.
They were extremely supportive in the early stages of setting up, and always still there if we ever need any advice or assistance. We have found them to be extremely helpful, honest and flexible.
They employ lovely staff with a really freindly and professional approach.

They are very trustworthy which is the most important thing you can have when dealing with the sums of money and payroll required.

Recruitment Finance and Back-Office
Kerry Boden

Recruitment Director, Impact Training & Employment

Extremely accommodating. We were assigned our own Account Manager who we found was very helpful and explained the whole process in detail, very professional and highly knowledgeable. Always happy to help in any situation.
As a new business we needed a little hand-holding to make sure we were following all HMRC guidelines. We find all staff very friendly, helpful and supportive.

I would highly recommend them to any new business looking for a payroll and funding company.

Recruitment Finance and Back-Office
Blackrock Medical Recruitment Ltd

Mark Swinnerton, MD

Switching funding partners is a daunting proposition. However, after speaking with a number of companies, Workwell dealt with our transition admirably.
The issues that inevitably arose were detal with quickly and professionally which enables us to have no break in service for our clients or candidates.

I cannot recommend them highly enough.

Recruitment Finance and Back-Office
RTL Group

Adam Caird, Director

Workwell's understanding of risk and willingness to work with us has been beyond our expectations. The level of support and communication throughout the company has been excellent.

The decision to work with Workwell has paid dividends for us.

No Hidden Surprises

We belive that clarity and transparency underpin good business relationships.

Our service fees are calculated on your gross turnover with no hidden extras.

  • No maximum funding limits
  • No minimum weekly or monthly fees
  • No interest charges on overlimit, overdue or outstanding debt
  • No set-up fees
  • No charges for credit checks or account set-up
  • No audit or annual review fees
  • No drawdown fees
Recruitment Finance and Back-Office

Our All-In-One Support

Everything your recruitment business needs in a single package

You focus on billing your cutomers and we’ll focus on everything else, making sure your contractors get paid every time, every week.

Compliance
Provides all terms, checks contracts for compliance and protection from risk.

Transparent Fees
Our one simple service fee is calculated on your gross turnover with no hidden extras and no surprises.

Business Setup & Incorporation
Can register business and apply for taxes for start-ups, guiding directors through everything they need to do.

Debt Purchase
Debt purchase and seamless transition for switching providers.

International Funding
Funding UK and international clients in more than 170 currencies.

Invoice Funding
100% funded payroll for PAYE, umbrella, limited company and perm. workers.

Bad Debt Protection
Expert management of your ledger to maintain cashflow and bad debt protection insurance cover.

Recruitment Back-Office
Payroll, invoicing, credit control & accountancy for agencies that have their own funding in place.

CRM
Cloud-based recruitment CRM with integrated pay & bill.

Payroll & Accountancy
Efficient and compliant weekly/monthly payroll for permanent and contingent workers.

A Guide To Recruitment Funding

In this handy guide we explain the various funding options available, assess the pros and cons and help you decide which would suit your business best.

Download the Guide

Book a call with our recruitment specialists