Flexible invoice funding for permanent placements
If you have your temporary workers funded through us, you have the ability to draw cash against perm placement invoices.
Let’s talk
Why choose QUBA?
Recruitment Specific
Our background is recruitment and everything we do is tailored to you and your industry
Flexibility
Choose which perm invoices to fund through QUBA
Personal
Use your own terms of business and rebate scheme
Visibility
Visibility on QUBA Solution’s DynamiQ system of each perm placement
Debt Insurance Protection
Should your client become insolvent with the invoice still outstanding, our insurers would cover 90% of the outstanding amount
Credit Control
Dedicated Credit Controller included, in line with your payment terms and rebate scheme
Knowledge Access
Continuous support from your dedicated Relationship Manager
Cash Flow
Receive funds on the same week candidates starts
How does it work?
Once you’ve signed our permanent funding addendum, we’ll fund 75% of any perm invoice submitted through our platform with the remaining 25% less our fee being paid on settlement of the invoice.
We’ll then carry out the credit control and wait for your clients to pay us, based on the terms you would have agreed with them.
Sign our permanent funding addendum
Request a credit limit on your end client via your dedicated Relationship Manager
Once limit is confirmed, you submit the placement on our platform
Your client confirms the placement via a one-click process
QUBA releases 75% of the perm invoice, the week your candidate starts
QUBA sends the invoice to your client in your own branding and you have full visibility of this on our platform
Your Credit Controller at QUBA will manage the debt and keep you in the loop
QUBA releases the remaining 25% once the invoice has been settled by your client
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 01305 233 178.