A new healthcare staffing business recently approached Wise Factoring after securing their first placements but facing an immediate cash flow challenge.

The company specialises in providing temporary healthcare professionals, including GPs, doctors, healthcare assistants and nurses to healthcare providers.

The founders had experience in the industry, with family connections in healthcare, but like many new healthcare recruitment and staffing businesses, they encountered a common problem very early on.

They had successfully placed both a GP and a healthcare assistant, generating their first invoice for £8,000.

However, they needed to pay their healthcare staff weekly, while their client payment terms were 30 days.

Without funding support, this gap between paying staff and receiving payment from clients was likely to create an ongoing cash flow squeeze as the business continued to grow.

This is a very common challenge for temporary staffing businesses, particularly in healthcare, recruitment and agency sectors.

The Solution: Single Invoice Finance

Wise Factoring quickly reviewed the situation and searched the market for the most suitable single invoice finance provider.

Within two days, we arranged funding against the invoice with the following terms:

Invoice Value: £8,000
Funding Type: Single Invoice Finance
Rate: 3% per 30 days
Advance: Up to 80–85% of the invoice value
Completion Time: 48 hours

The client was able to release the majority of the invoice value almost immediately, giving them the working capital they needed to continue placing healthcare staff and paying their team on time.

This allowed the business to grow confidently without worrying about short-term cash flow gaps.

Why Single Invoice Finance Works for Healthcare Staffing Businesses

Temporary healthcare recruitment businesses often experience rapid growth, but they face a structural cash flow challenge.

Healthcare professionals such as GPs, nurses and healthcare assistants usually need to be paid weekly, while hospitals, care providers and healthcare organisations typically operate on 30-day payment terms.

This creates a funding gap.

Single invoice finance bridges this gap by allowing businesses to unlock the value of an invoice as soon as it is issued.

Instead of waiting weeks to be paid, businesses can receive 80–85% of the invoice value within 24–48 hours.

This helps healthcare staffing businesses:

  • Pay staff on time

  • Accept more placements

  • Grow without cash flow pressure

  • Avoid taking on long-term finance facilities

Funding Available Even for New Businesses

One of the biggest advantages of single invoice finance is that funding decisions are often based primarily on the creditworthiness of the client being invoiced, rather than the age of the business itself.

This means funding may still be available even if:

  • The business is a new start

  • The directors are not homeowners

  • The company has limited trading history

As long as the debtor being invoiced has a strong credit profile, funding can often be arranged.

This makes single invoice finance particularly useful for start-up recruitment agencies, healthcare staffing companies and contractors.

How Wise Factoring Can Help

At Wise Factoring, we specialise in arranging single invoice finance and invoice factoring solutions for UK businesses.

Because we have access to a wide panel of lenders offering single invoice finance, we can quickly compare options and source the most suitable facility.

If your business has:

  • A single invoice you’d like to release cash from

  • Multiple invoices causing a cash flow gap

  • Or you are a new business needing working capital

We can review your situation quickly and potentially arrange funding within 24–48 hours.

In many cases, businesses can release 80–85% of their invoice value almost immediately, helping them maintain healthy cash flow and continue growing.

Please get in touch via the contact form or just call us now on 02921 900000, we will be delighted to help.

About Wise Factoring

Wise Factoring is a UK specialist invoice finance broker helping businesses unlock cash tied up in unpaid invoices.

We arrange funding solutions including:

  • Single invoice finance

  • Invoice factoring

  • Invoice discounting

  • Selective invoice finance

Wise Factoring works with a wide panel of UK lenders, allowing us to find competitive funding solutions for businesses across sectors including:

  • Healthcare staffing

  • Recruitment agencies

  • Construction

  • Transport and logistics

  • Manufacturing

Unlike many lenders, single invoice finance allows businesses to release cash from individual invoices without committing to a long-term facility.

Funding can often be arranged within 24–48 hours, depending on the strength of the debtor being invoiced.

If you have an invoice you’d like to release cash from, Wise Factoring can review the opportunity and search the market for suitable funding options.