Starting a new business is challenging enough.

Winning a major contract straight out of the gate can create serious cash flow pressure.

In this case, a newly formed recruitment company approached Wise Factoring after securing a contract to supply temporary staff to a multi-million pound construction development.

The Challenge: Winning A Big Contract Without the Cash Flow to Support It

Our client had:

  • Just launched a recruitment business

  • Secured a contract to supply temporary construction staff

  • Weekly wage commitments to meet

Like many temporary recruitment businesses, they needed to:

  • Pay staff weekly

  • Wait 30–60 days for payment from their client

This is where cash flow pressure builds.

Why This Deal Was Not Straightforward

Start-Up Business

No trading history can make lenders cautious.

Construction Sector

Many invoice finance providers avoid construction due to:

  • Higher sector risk

  • Contractual complexity

Single Debtor

The business only had one client initially, increasing perceived risk.

What Worked in Their Favour

Industry Experience

The director had a strong background in construction recruitment, adding credibility.

Strong End Client

The debtor had an excellent credit profile.

Homeowner Director

This provided additional comfort to lenders from a risk perspective.

Bad Debt Protection

The client was happy to include protection, reducing lender risk further.

The Solution: Placing the Deal with the Right Lender

If the client had gone direct to lenders, they likely would have:

  • Approached multiple providers

  • Explained the deal repeatedly

  • Submitted documents several times

  • Been declined due to sector or structure

  • Lost valuable time and caused major concern about their ability to pay their temp staff

Wise Factoring identified the right specialist lender immediately and positioned the deal correctly from the outset.

How the Deal Was Done

  • A joint Teams call was arranged

  • Within 5–10 minutes, the lender agreed in principle

  • Director checks were completed

  • Credit limit approved on the debtor

  • Funding Line provisionally set at £150,000

  • Legal documents issued and signed within days

The entire process was completed within a week.

The Outcome

The £150,000 funding facility was set up before the project began, meaning:

  • Funds could be drawn immediately once invoices were raised

  • Staff could be paid weekly

  • The business could focus on delivery rather than cash flow

Client Feedback

“I am really glad that I was introduced to Wise Factoring from a former colleague that had used their services. I had no idea that it would go as smoothly as it did.

I had confidence from our first phone call when they explained that this would need to go to a smaller, specialist funder due to the sector and because it was initially a single debtor deal.

They knew exactly where to place me and it was all tied up within a week, ready for when my project was starting.

I was able to focus my time on getting my staff ready for the project. I am delighted how it has gone and I would highly recommend Wise Factoring if you have any cashflow requirements.”

Why This Matters for Recruitment and Construction Businesses

This is a strong example of:

  • Temporary recruitment funding

  • Recruitment invoice finance

  • Construction invoice finance

  • Start-up cash flow support

If you are:

  • A start-up recruitment agency

  • Supplying temporary staff

  • Working in construction or similar sectors

The right lender does exist. Knowing who to approach is the key.

Key Takeaways

  • Start-ups can access invoice finance

  • Construction deals are possible with the right structure

  • Single debtor deals can be funded

  • Experience and lender relationships make the difference

Need Funding for a Similar Deal?

If you have:

  • Won a contract

  • Need to pay staff weekly

  • Or want to release cash from invoices

Get in touch.

We will quickly tell you:

  • If it is fundable

  • Which lender is best

  • How quickly you can get started