Affordable Finance Options for Recruitment Startups in 2025
Starting a recruitment agency in 2025 comes with its own set of challenges and opportunities. One of the most crucial factors for any new business is obtaining affordable financing to support its operations, growth, and sustainability. There are various financing options available, many may not be suitable for a new recruitment agency unless you are […]
We support Julia’s House; here’s why and how
Here at QUBA, we strongly believe for society to thrive, we must all collaborate. Every person, every organisation, every business, has a responsibility towards society, the environment, and each other. Throwback to 2017/2018. We made a conscious decision to support two charities. One local to our Headquarters in Dorset, Julia’s House Children’s Hospice. The other […]
Get ready for launch in 2024!
Starting and funding a temporary recruitment agency in the UK in 2024 presents unique challenges. Considering the dynamic nature of the job market and the specific trends within the temporary staffing sector. However, that shouldn’t put you off. Being Captain of your own ship can be a rewarding and exhilarating experience. At QUBA Solutions, on […]
The benefits of recruitment funding – fast and flexible
Recruitment finance A type of funding specifically for recruitment agencies that helps to be able to pay temporary or contract workers, while providing support with the back-office administration around this. It is different to traditional invoice finance / factoring and has some specific benefits which are as follows; Advance rate In most cases recruitment financiers […]
Scary truths about traditional funding
Throughout our 8 years of offering recruitment businesses invoice factoring solutions, QUBA Solutions has come across traditional funding or widely known as invoice discounting methods. We’ve seen it happen again and again, agencies failing because the foundations they’ve built themselves on are unsuitable.Cheap? Yes. Flexible and reliable enough for growing recruitment agencies? No. 1) The […]
Traditional Invoice Finance Alternatives
How does traditional invoice finance work? If you use a bank for recruitment finance, they will typically advance anywhere between 70% to 90% of the invoice value. How does that work in practice? In simple terms, you will produce your own invoices and upload them to the bank’s invoice platform. The bank will advance the […]
Admin Can Make or Break an Agency – the DANGERS of using traditional finance vs Quba Solutions
What can go wrong for your agency from using a traditional finance solution? We are asked all the time, what do we do that factoring doesn’t? What are the dangers of using traditional financing options? What are the differences? Well strap in, because here are some pretty important things to consider, all of them pointing […]
What Are Your ‘Bad Clients’ COSTING You?
Running a successful business doesn’t just rely on your ability to win new work and clients. It relies on dropping bad clients too. Letting go of work may sound counter intuitive, but it is so often a fundamental key to a business’ success. You wouldn’t believe how many customers we’ve seen running temp desks at […]
Frequently Asked Questions: Transferring Funding Providers
Why would you change funding providers? There are a few reasons that you may consider transferring your current funding provider, here are some of the main ones: Your current deal is not cost effective It’s no secret that you need to pay your invoice finance provider for their services. With a percentage of each invoice […]
When to transfer funding provider
If your contract is coming up for renewal in the next six months and you're debating whether to transfer from your current funding provider, here are a few key elements that are worth considering with serious thought.
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