Case Study

COMPANY A

Based in Central London this lifestyle company has used payroll funding for 18 months. Their initial need was to raise as much funding as possible to help fund growth including new premises.  This has evolved now and their use is very cyclic to spread the cost of meeting a substantial quarterly VAT bill. Sometimes, when the need is less pressing, they repay within 1 week but, from time to time, they use the full 8 weeks available. Our flexible offering ensures they maximize the facility and keep costs to a minimum.

COMPANY B

Based in Surrey the Engineering Group were using 60-80 contractors. Over a period of 10 months the majority of those contractors, all supplied through an external recruitment agency have been migrated to Payroll Funding. This required consultation with the client and a number of meetings with the incumbent agencies and has saved the Group over £137,000 so far. The contractors are happy with the new arrangement, using all of the latest technology, and the client has commented on how smooth and efficient the transition was.