Why Temporary Recruitment Businesses Should Review Their Invoice Discounting Facility Now

In the fast-paced world of temporary recruitment, managing cashflow is everything. Agencies are often caught between paying contractors weekly while clients may not settle invoices for 30, 60, or even 90 days. This creates a constant pressure on working capital and can limit growth.

That’s why many recruitment firms turn to invoice discounting facilities. But here’s the important question: are you really getting the best deal?

Interest Rates Have Fallen – Has Your Facility Kept Pace?

With recent reductions in interest rates, the cost of finance has shifted. Yet, many recruitment agencies remain tied to legacy invoice discounting agreements that no longer reflect today’s lending environment. If your facility hasn’t been reviewed recently, you could be paying more than you need to—directly affecting your already tight margins.

Margins Are Squeezed Harder Than Ever

Temporary recruitment is competitive. Agencies are under constant pressure from clients to reduce fees, while still covering compliance costs, rising payroll demands, and administrative overheads. Every fraction of a percent saved on finance costs can make a tangible difference to your bottom line. By securing a better invoice discounting facility, you free up more margin to reinvest in growth—or simply to protect your profits.

Why Speak to Hammond Rock?

At Hammond Rock, we specialise in supporting recruitment agencies. We understand the challenges of balancing weekly payroll with delayed client payments. Our team works with multiple lenders and understands the nuances of invoice finance specifically for the recruitment sector.

When you speak to us, we:

• Review your existing facility to identify hidden costs and areas for savings.
• Benchmark your deal against the market, ensuring you’re not paying over the odds.
• Negotiate with lenders on your behalf, leveraging our relationships to secure preferential terms.
• Tailor solutions to your agency’s needs, whether you’re a growing temp recruiter or an established business looking to cut costs.

Don’t Let Your Facility Hold You Back

Invoice discounting should support your agency’s growth—not eat into your profits. If it’s been more than a year since you reviewed your facility, now is the perfect time. With interest rates lower and competition among lenders strong, you may be able to secure a significantly better deal.

At Hammond Rock, we help recruitment businesses like yours take control of their finance costs. Why not find out if you could save money?

Get in touch with us today and let’s see how much better your facility could be.