Couldn’t be easier. The process is as quick as you’re able to provide us the necessary information, generally within 24 hours. Everything can be done electronically from contract signing to ID verification. Our onboarding team is there to guide you through the start of your journey with QUBA Solutions.
You don’t have to do it all. Do what you do best and outsource the rest. It’s one of the reasons we created QUBA Solutions. Our innovative tech solutions and services take care of the funding and administrative side of your business – from payroll, operations and intermediary reports to VAT – so you have the security and flexibility to thrive.
Yes, we require a minimum of three years experience in order to provide recruitment funding.
Yes. QUBA provides the back office and funding only, we do not take equity or shareholding positions.
No. We have one simple fee based on the net invoice value. No set up costs, no monthly minimum charges – you only pay for the invoices funded.
Yes, QUBA Solutions enables you the freedom and flexibility to take advantage of an advancement on permanent invoices as well as our 100% temp funding solution.
You request a credit limit to trade with your clients. The insurance safeguards against potential losses which may be incurred if your customers go into liquidation and therefore can’t pay their debt. As long as you are trading within credit limits and within terms then the debt is insured. There is an excess on any claims.
We do provide them in the event you do not have your own. It is recommended that you get them professionally checked to ensure the fit for your business. QUBA uses external professional companies for contracts and legislation changes and cannot be held liable in the event you rely on the terms without seeking professional advice.
We generally only charge one fee which is a percentage of the Net invoice value. Contact us to get a specific quote for your business.
Great question. We understand how vital relationships and reputations are in business. But rest assured, your admin and operations are in safe hands. Payments are collected on your behalf by our professional and experienced credit control team, so the direct relationship you have with your customers will not be affected.
No. Most factors would charge a fee to buy the debt from previous provider. We may need to carry out an audit depending on the size of your ledger, but we cover the cost of that.
Most Master Vendors operate pay when paid models, only paying you once they have been paid by the client. This can necessitate insuring two end clients, the MV and the end client as both are points of risk. QUBA Solutions works with multiple Master Vendors/RPO’s making sure you are protected at all times.
No – we fund recruitment agencies working in all industries.
Your business will need to be gross CIS registered otherwise your clients will make deductions from your invoices.
Whilst you are awaiting the requirements to fulfill gross status you can use our Start Up Construction model. The process remains the same we act as the principal to the contracts and you act as our agent. Whilst you are awaiting the requirements to fulfill gross status you can use our Start Up Construction model. The process remains the same we act as the principal to the contracts and you act as our agent.
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