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

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

  • Legal documents issued and signed within days

The entire process was completed within a week.

The Outcome

The 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