OnBoard Jobs Partners with Open Invoice Finance to Empower Construction Recruitment Companies
At OnBoard Jobs, supporting our partners in every aspect of their business is a priority. That’s why we’re excited to announce a new collaboration with Open Invoice Finance—specialists in cash flow solutions for construction & recruitment agencies. This partnership is designed to help recruitment businesses conquer funding challenges, unlock growth opportunities, and focus on what matters most: placing great people into vital construction roles.
Why Cash Flow is Critical in Construction Recruitment
Managing a construction recruitment company means grappling with a cash flow puzzle. Contractors and tradespeople must be paid weekly or fortnightly, while clients’ payment terms can stretch to 30, 60, or even 90 days. That funding gap can threaten payroll, hinder expansion, and make it hard to take on new clients or supply additional labour.
Common challenges for agencies include:
- Delayed client payments due to long project cycles and complex payment structures.
- Pressures to meet high, regular payroll commitments.
- Seasonality and fluctuating labour demand, complicating forecasts.
- Administrative burden of managing invoices across multiple contractors, sites, and clients.
- Even profitable firms can find themselves held back if too much working capital is locked in unpaid invoices.
How Invoice Finance Bridges the Funding Gap
Invoice finance offers a practical solution: it releases up to 90% of the value of unpaid invoices as soon as they’re raised, with the remainder (minus a small fee) paid once your client settles up. This immediate liquidity transforms how construction recruiters manage cash flow.
Benefits include:
- Reliable cash flow for meeting payroll and covering overheads.
- Freedom to take on larger contracts or supply more workers.
- Greater business stability without resorting to loans or overdrafts.
- Outsourced credit control, reducing the paperwork and stress of chasing payments.
Why Choose Open Invoice Finance?
Open Invoice Finance is uniquely attuned to the needs of construction recruitment businesses. The team invests time in understanding each client’s payment cycles, business model, and growth ambitions before recommending the right funding match.
What sets Open Invoice apart?
- Access to a panel of over 30 leading lenders, including mainstream and specialist providers.
- Flexible, scalable funding that grows with your business turnover—whether you supply CIS, PAYE, or umbrella labour.
- Confidential and transparent facilities, tailored for the construction sector’s compliance and reporting requirements.
- Hands-on support from specialists who know recruitment and construction finance inside out.
Building a Stronger Future—Together
The partnership between OnBoard Jobs and Open Invoice Finance represents a shared mission: to help construction recruitment agencies thrive by removing cash flow barriers. Whether you’re aiming to grow, weather a slow-paying client, or strengthen payroll reliability, robust invoice finance is the foundation for your next step forward.
If you’re looking to future-proof your recruitment business and build on solid financial ground, Open Invoice Finance is here to help.
Ready to learn more? Contact Open Invoice Finance and discover how invoice funding can transform your construction recruitment company:
- Website: www.openinvoicefinance.co.uk
- Phone: 020 3701 3806