UMBRELLA FUNDING
Every week, recruitment agencies pay umbrella companies so that contractors are paid on time. When an agency's clients are slow to pay, or its existing finance is fully used, that weekly bill puts pressure on everyone. GFTM takes the pressure off, at no cost to the umbrella.
Full payment
Up to 90 days
Alongside factoring
WHAT IT DOES
Give your agencies more time to pay, without stretching your own cash.
CREDIT LIMITS
Live data, live limits
GFTM combines the latest payment data with live insurance data to set a credit limit for each agency.
THE DEPOSIT
A 10% deposit confirms the invoice
The agency pays a 10% deposit when the umbrella invoice is issued. That payment is taken as acceptance of the invoice and of the obligation to pay it.
Alongside existing factoring
Umbrella funding does not replace an agency’s factoring or invoice finance. Factoring funds the agency’s invoices to its end clients; GFTM funds the umbrella’s invoices to the agency. The two run side by side, and GFTM is used only for the invoices that need it, when the usual headroom is tight.
Set up in days
There is no facility to negotiate and no whole-turnover commitment. GFTM checks the agency, the invoice and the available credit, agrees terms, and the first invoice can be funded within days. Start with one agency and one new invoice; add more as and when they are needed.
Why now
Since April 2026, agencies share liability for their umbrella’s unpaid PAYE, so many are cutting their supplier lists to umbrellas they trust. Credit terms through GFTM give an agency one more reason to keep you.
HOW IT WORKS
Once a transaction is funded, GFTM keeps the payment record, tracks the agency balance and issues reminders when needed.
The umbrella invoices the agency
The umbrella raises its invoice as normal, and the agency pays a 10% deposit.
The umbrella is paid in full
GFTM pays the umbrella the full approved invoice, in time for that week's payroll.
The agency settles within 90 days
The agency repays GFTM within the agreed period, up to 90 days, and may settle sooner if its cash flow improves.
GFTM collects
GFTM monitors collection dates and manages reminders and follow-up directly with the agency. The umbrella carries on providing payroll.
THE COST
The recruitment agency bears the normal cost of the finance. You pay nothing for offering it. You sign a short supplier agreement confirming your invoices are genuine and that you'll help if we need to collect.
Non-recourse to you. Once we've paid an approved invoice, the agency's credit risk is ours, not yours. The only exception is if the invoice itself turns out to be wrong.
100%
10%
90 days
GET STARTED
You keep your agencies. We handle the funding and the chasing. Offer more than payroll.
