Timesheet finance · built for recruiters
Pay your workers weekly. Get paid monthly.
Turn approved contractor timesheets into funded invoices,so you can pay temporary and contract staff on time every week —while your clients settle on their usual monthly terms.
The simple version
What is timesheet finance?
Timesheet finance is invoice finance designed for recruitment agencies. Each week, your approved contractor timesheets are converted into invoices and funded straight away, releasing the cash to run your weekly payroll. Your clients then pay on their normal terms. Many facilities also include back-office support — invoicing, payroll and credit control — so a fast-growing temp desk can run without a large admin team.
In plain English
Timesheet finance
An invoice finance facility for recruiters. Approved timesheets become funded invoices, advancing the cash to pay contractors weekly. Often bundled with back-office, payroll and credit-control support, and scaling automatically as you place more workers.
In short: it eases temp recruitment’s biggest squeeze: weekly payroll before clients pay.
The payroll journey
Weekly payroll, supported before monthly client payment.
Who it’s for
Who it suits best.
If you place temporary workers and live with the weekly-pay, monthly-invoice gap, this is built for you.
Recruitment agencies
You place temporary or contract workers and invoice clients for the hours they work.
Weekly pay, monthly clients
You must pay workers every week, but clients pay on 30, 60 or even 90-day terms.
Fast-growing temp desks
Every new placement adds to payroll before the client pays — growth is eating your cash.
Heavy back-office load
Timesheets, invoicing and payroll are taking real time, and you’d value support running them.
New or scaling agencies
You’re building a temp book and need funding and infrastructure that grow with you.
Cash flow capping growth
You’re turning down placements simply because the weekly wage bill outpaces client payments.
How it works
From approved hours to paid workers.
How timesheet finance works
From approved hours to paid workers — every week.
1Workers submit timesheetsYour contractors’ hours are approved for the week.
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2Timesheets become invoicesApproved timesheets are turned into funded invoices.
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3Payroll fundedCash is advanced so you can pay workers on time.
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4Clients payYour clients settle on their normal monthly terms.
With back-office support included, the weekly cycle of timesheets, invoicing and payroll can run almost on its own — so you can concentrate on placements.
The benefits
What it does for your business.
The cash-flow gap that limits agency growth disappears — and the back office can come with it.
Always make weekly payroll
Cash is released against timesheets so your contractors are paid on time, every week.
Grow without a cash ceiling
Take on more placements without worrying how to fund the wages before clients pay.
Back-office handled
Invoicing, payroll and credit control can be included, freeing you to focus on placing candidates.
Funding that scales instantly
More timesheets means more funding — automatically, with no renegotiation.
Smoother, predictable cash flow
The weekly-pay, monthly-invoice gap that limits agencies simply disappears.
Compete for bigger contracts
Confidently take on larger clients and rosters, knowing payroll is always covered.
Timesheet proof
Timesheet finance depends on approved hours, a repeat payroll rhythm and end-client evidence.
Signed timesheets before payroll is due
Approved hours support the amount invoiced and show that the work has been accepted before workers must be paid.
Payroll repeats faster than customer payment
A weekly payroll cycle is matched against monthly invoicing and longer end-client terms, creating a visible recurring gap.
Assignments and payment routes are documented
Contracts, margins, end-client names and payment history show that the facility is funding genuine completed work.
EB
Endrit Beqaj, Director
“For timesheet finance, approved hours are the starting point. The payroll calendar, assignment terms and end-client payment pattern then need to connect.”
Evidence, not theory
An example structure.
Timesheet finance use case
Timing gapEvidence-ledDirector review
The funding logic
The lender needs to see the asset being funded, the evidence that supports it and the route back to repayment.
FitRiskRepayment
What could weaken it
If the evidence is thin, the counterparty is weak or the repayment route is vague, the headline product label does not matter.
DisputesConcentrationTiming
BL
Bjorn Laku, Director
“The timesheet is the evidence. If it is not approved and tied to a reliable debtor, the funding case weakens quickly.”
Decision questions
Harder questions before choosing timesheet finance.
What would make timesheet finance difficult?
Unapproved timesheets, uncertain end clients, low gross margin, disputed hours or weak assignment evidence.
What improves
the decision?
Signed timesheets, contracts, end-client details, payroll dates, invoice terms and evidence of previous payment behaviour.
What should I prepare before applying?
Timesheet samples, assignment details, payroll schedule, end-client list and recent invoices.
Lender judgement
What gets reviewed first.
EB
Endrit Beqaj: what I look for first
Before recommending timesheet finance, I want to understand approved timesheets, payroll timing and whether the end customer normally pays on time. If that cannot be explained clearly, the structure is probably not ready.
Before you apply
What we need to review timesheet finance.
What speeds review
- Approved timesheets or shift records
- End-client contracts or assignment details
- Payroll or contractor payment schedule
- Aged debtor report and sample invoices
- Margin and payment-term summary
What slows or weakens the case
- Unapproved timesheets
- High churn or unclear assignment evidence
- Payroll pressure where end-client collection is already weak
Lending judgement
When this is the wrong answer.
The most expensive funding mistake is forcing a product onto the wrong problem.
A clean refusal is better than a weak facility.
Why invoice finance gets declinedWeak debtors, disputed invoices and poor evidence beat optimistic turnover every time.Read →What makes a ledger attractiveRepeatable debtor quality matters more than a single large invoice.Read →What slows down bridgingExit, title, valuation and solicitor speed determine whether short-term funding is realistic.Read →
Prepare properly
Download the right checklist.
Preparation PDF
Timesheet finance checklist
Use this before applying so the first conversation is specific rather than exploratory.Download PDF →Application prepWhat to prepare
A cross-product guide to references, evidence and secure document submission.Download PDF →Decision contextPricing and decisions
Review the commercial factors that affect pricing, availability and structure.Read guide →Plan with context
Understand the structure before you apply.
Compare options
Decision pages for common trade-offs.
Use these before applying if you are weighing one type of funding against another.
Cash flowFactoring vs
Invoice finance vs business loan
When to fund invoices rather than add fixed debt.
Compare →ControlFactoring vs
discounting
Choose between supported collections and confidential control.
Compare →PropertyBridging vs development finance
Understand when a bridge is enough and when a build facility is needed.
Compare →Quick answers
Timesheet finance FAQs.
Recruitment agencies that place temporary or contract workers and need to pay them weekly while clients pay on longer terms.
It often can. Many facilities bundle invoicing, payroll and credit control, which is ideal for a growing desk without a large back office.
It scales with your timesheets automatically — the more workers you place, the more funding is released, with no need to renegotiate.
Once timesheets are approved, the corresponding invoices are funded quickly, so the cash is there for your weekly payroll run.
Yes — because payroll is always covered, you can confidently bid for larger rosters and clients you might otherwise have to turn down.
Operational detail
Match the facility to the payroll calendar
Approved hours create the evidence base; payroll timing determines when cash is actually needed.
Monday–Tuesday
Timesheets are collected, checked and approved.
Midweek
Payroll and invoice files are finalised and eligible invoices are submitted.
Payroll date
Availability supports the wage run while the end client pays later under its normal terms.