Name: Hunter Solutions
Location: London
Industry: Recruitment
Website:
www.huntersolutions.co.uk
“I was already aware of Bibby’s reputation in the market and the excellent quality of service it provides customers but I was impressed that it was not only keen to secure my business but also interested in it. Bibby offers a much more professional approach than the other factoring companies I have worked with previously.” comments Dan Hunter.
Hunter Solutions began trading in May 2005 and specialises in IT recruitment within the legal, business and finance and consultancy sectors across the UK.
The Problem
“For the last year the company has been enjoying a period of growth and has doubled on last year’s profits. This increase in productivity has meant we have been working with more contractors, which has had an obvious impact on cash-flow. For this reason, we decided to re-visit our financial arrangements,” says managing director, Dan Hunter.
The Solution
Hunter Solutions was alerted to Bibby Financial Services’ recruitment package through reading an advertisement in ‘The Recruiter’ and attracted by the offer to release 100% of its unpaid invoices within 24 hours.
Dan Hunter says, “I was already aware of Bibby’s reputation in the market and the excellent quality of service it provides customers but I was impressed that it was not only keen to secure my business but also interested in it. Bibby offers a much more professional approach than the other factoring companies I have worked with previously.”
Hunter Solutions also subscribes to the comprehensive collections service and payroll element of the recruitment package, allowing Bibby to take responsibility for chasing and collecting outstanding payments on the firms behalf as well as running the company’s payroll system for employees and placements, freeing up valuable administrative and management time.
Working with Bibby Financial Services
“The regular releases of cash in to the business through Bibby’s Recruitment Finance package has helped us manage the seasonal fluctuations in the industry and has meant we are less vulnerable when it comes to waiting for invoices to be paid. Also, the payroll facility has meant our staff can completely hand over all administrative processes to Bibby, allowing the team to focus on other areas of the business.”