Small companies to begin recruitment drives

Invoice finance helps companies release cash they have tied up in unpaid invoice

UK small businesses are looking to grow their workforce through the remainder of 2013, a new survey by global workforce provider Regus has indicated.

A quarter of firms surveyed plan to increase their headcount by 5% or more, whilst 20% are looking to expand their numbers by between 2-5%.

Businesses are increasingly looking to expand their new business functions. More than half suggested that their recruitment drive will focus on sales and marketing staff, implying that growth is high on the agenda for the rest of the year.

Managing Director of Regus UK, Steve Purdy said that businesses are finally starting to gear up for growth after lengthy and protracted downturn.

Invoice Finance for Business Growth

One issue that can stunt the ambitions and growth of small businesses and SMEs is access to external funding.

With banks often reluctant to lend to small businesses during the current climate, many business owners may not be sure where to turn for an affordable and sustainable external finance facility.

Invoice finance is an alternative funding solution that is highly suitable for businesses that issue invoices and have struggled to fulfil lending criteria for traditional facilities.

Many small businesses are eligible for such facilities, so, if your business could do with a cashflow boost, why not see if invoice finance facilities such as invoice factoring and invoice discounting could work for you?

Call our team of experts on 01756 694933, email us at info@skiptonbf.co.uk or browse our website for more information on how invoice finance could help set your cashflow free!