Start-up Staffing Businesses

If you are setting up a business placing temporary workers or contractors, being assured that funds will be available to meet the payroll costs is essential if you are to concentrate on growing your business. You also need confidence that monthly and annual returns and payments of tax/NIC deducted are being made accurately and on time. Our fully-outsourced back office and payroll finance service is likely to be the ideal choice for you, taking care of all the key administrative tasks and ensuring compliance with tax and data protection legislation.

If you have already invested in the systems and staff required to run your own back office, or you are setting up a pure permanent recruitment business, a factoring solution will take care of the working capital required. An invoice discounting facility is usually only available to established companies, but depending on the capital base of your business it may be an option for you should you wish to retain confidentiality.

We know that the needs of a growing company change over time. We will review and agree with you the best solutions to the needs of your business as they arise.

Lloyds TSB Bank plc and Lloyds TSB Scotland plc are regulated by the Financial Services Authority.