Late payments are a growing issue for UK SMEs, with 45% reporting delays and 24% waiting up to 60 days, per the 2025 GoCardless-FSB report. Invoice financing helps by turning unpaid invoices into quick cash, easing cash flow woes and supporting growth.

Our factoring services support temporary recruitment agencies by providing immediate funds, efficient credit control, and financial stability to fuel growth.

Managing outstanding invoices doesn’t have to derail your business. Start by setting clear payment terms—spell out due dates, late fees, and methods on every invoice. A solid credit control system helps, too: monitor payment patterns to spot chronic late-payers. Follow up promptly with polite reminders, escalating firmly if needed. For cashflow relief, consider factoring—selling unpaid invoices to a factoring company for immediate cash, typically 70-90%.