Start-up or scale your recruitment business with temp agency funding
The original temp recruitment funding solution with back office on our industry leading platform – DynamiQ. Start up or scale your recruitment business with QUBA’s temp funding solution paying you 100% of your weekly profit.
Recruitment startup funding
With QUBA Solutions’ recruitment startup funding, we help new start up recruitment agencies overcome initial hiring hurdles by providing flexible funding solutions tailored to meet the unique needs of the business.
Let’s talk
Why choose QUBA?
Start Up
Recruitment startup funding for new entrepreneurs setting out on their journey
Partners
From the provision of insurance to financial planning, explore our partners for exclusive deals
Payroll
Multiple payment options – PAYE, Ltd and Umbrella
Visibility
See the entire recruitment process on QUBA’s DynamiQ system
Legalities
All terms, assignment schedules and KID provided if required
Debt Insurance Protection
90% covered in the event your client becomes insolvent
Personable
Dedicated Credit Controller for you and your clients
Knowledge Access
Continuous support from your personal Relationship Manager
How does temp agency funding work?
For just one simple fee, QUBA provides the funding and all the back office requirements a recruitment firm needs so you can focus on growing your business and have 100% of your profit paid to you. Once you have signed the contract you are given access to DynamiQ where you add clients to get credit limits, add workers for payment details and create assignments for pay and bill rates. DynamiQ is compatible with many of the leading recruitment CRM’s on the market meaning less duplication of data.
What about recruitment startup funding?
Start-up recruitment funding is a financing option that enables new recruitment agencies to cover the costs associated with hiring and building their workforce.
Placing temporary workers is a drain on cash reserves, as workers need to be paid for several weeks in a row before the first invoice is settled by the client. Most recruitment startups lack the cash flow to cover this. Through startup recruitment funding by QUBA Solutions, new companies can access the resources they need to place quality candidates without depleting critical capital reserves. This start-up recruitment funding solution allows businesses to focus on scaling operations without the financial strain of early-stage costs and cash flow issues.
Sign our funding agreement
Add client information to our dashboard to get a credit limit
On confirmation of credit limit create assignment or import from compatible CRM
Use e-timesheets via brandable app or paper timesheets
QUBA pays worker, releases 100% of your margin less fee
QUBA sends invoice and timesheet to your client and starts the credit control process
Access all relevant documentation, invoices, timesheets, gross profit reports, sales ledger
Your Credit Controller will manage the debt and communicate regularly with you
FAQs
PAYE is run in your name using your references – we act on your behalf as an agent. As soon as we receive the hours, we take care of all reporting and legislative requirements. Payslips are sent, payment details reported to HMRC, pensions set up and maintained through Nest, and any yearly changes to rates and thresholds are applied automatically. We also take care of all other payments – whether your workers are paid through an umbrella company or directly to their own limited company.
Yes. We can invoice and pay in Euros, US Dollars and Sterling. Other currencies can be considered dependent on volume.
Let’s chat about
your business needs
Get in touch and find out how we can take your recruitment business to the next level. You can book an appointment or simply give our team a call on 0333 049 1099