Provider Guide
Lloyds TSB Commercial Finance |
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Invoice Disounting
Factoring
Asset Finance
CashFriday
Lloyds TSB Commercial Finance - CashFriday
What is CashFriday?
What is CashFriday? CashFriday provides a tailored service offering funding,
payroll and credit control services to recruitment agencies. Up to 100%
of the wage bill of recruitment agencies can be funded.
CashFriday:
- pays temps on behalf of the agency every week
- pays the agency its profit margin every week
- issues invoices in the name of the agency
- insures the agency's sales
- collects invoice payments
Step 1
Review with CashFriday how the service would help your agency.
Step 2
CashFriday credit checks your customers. You send time sheets to CashFriday.
Step 3
Payroll is processed by CashFriday, who also deals with NI and tax.
Step 4
CashFriday issues invoices in the name of your agency.
Step 5
CashFriday pays you your margin weekly and provides simple, easy-to-follow
activity reports.
Step 6
CashFriday collects payments and pays your temps by BACS directly into
their bank accounts.
Click here to get a quotation
and learn more about CashFriday
Learn about:
Factoring
Invoice Discounting
Asset Finance