"When we were looking for a funder to assist us with our working capital we wanted a financier that had the same philosophy of service and quality combined with a bit of fun - Calverton fitted the bill" - Gill Arnold, Director, Futureheads Recruitment Ltd
Growing Digital Media Market
Futureheads was established in 2009; combining the skills of four highly experienced industry professionals. They targeted the growing digital media market in the UK. Part of their original business plan was to find a funder to assist with the working capital demands that are an inevitable consequence of placing temporary contractors. They considered a number of contenders including their own bank’s subsidiary. Futureheads' philosophy is summed up in their poster in their boardroom:
As much as wanting a competitive facility, they wanted a company that they felt had the same philosophy and with whom they could build a long term relationship.
We are proud to say that they chose Calverton Finance over the competition and we continue to have a great working relationship. We have seen the fledgling company grow to over 30 staff and they are continuing to expand.
Futureheads decided upon a facility that included funding only, but Calverton also offer full back office facilities via their PayFactory Service. If you are starting a recruitment business the administration is daunting, let alone the legislation that seems to be changing every few weeks. When you are concentrating on winning new business, looking after clients and workers, it’s hard to keep up with the burden of administration and your legal obligations.
Payroll/ Back Office
PayFactory was developed to allow recruiters to do what they do best - recruit! PayFactory provides the complete back office service for recruitment companies including; payroll, invoicing, collections, finance and bad debt protection. We also help you to manage your tax and keep you up to date on legislation; we provide detailed management reports to enable proper scrutiny and quality control for your business.
Mark Byrne, Managing Director of Calverton Finance states; “We are industry specialists, we know how recruiters work and we are sympathetic to the issues that they face every day. But different recruiters have different requirements and at different times in their development. Because of our range of finance and back office services we can manage a client’s requirements from start up to when they decide to float on the stock market.”
To find out more about how Calverton Finance and Payfactory work please visit our website www.calvertonfinance.co.uk or call us on 01908 268888.