Get Paid. Give More Time.
You get paid on time everytime.
Full Payment for Umbrellas
How Umbrella Funding Works
Offer your agencies up to 90 days to pay, while your umbrella business receives full approved payment. You raise your invoice following an approved timesheet, just as you do now. GFTM presents the relevant schedule to the recruitment agency,
which confirms that the invoice is correct and requests funding through the platform. GFTM verifies that the invoice is valid, approved and within the agency’s available credit limit.
The agency pays a 10% deposit. After our final checks and payment approval, we pay your business the full approved gross invoice amount.
Support Your Agencies
Help selected agencies when cash flow is tight, without using your own working capital to fund payroll.
The agency can agree up to 90 days to repay GFTM, subject to approved terms and available credit, and may settle sooner if its cash flow improves.
GFTM monitors collection dates and manages reminders and follow-up directly with the recruitment agency.
GFTM Handles the Payments
Once a transaction is funded, GFTM maintains the payment record, tracks the agency balance and issues reminders when needed. You carry on providing payroll services rather than managing an extended credit period on that invoice.
Full payment
The recruitment agency bears the normal cost of the finance. Your umbrella company is not charged simply for making the service available, although the supplier agreement will cover invoice warranties and cooperation obligations.
You stay in control of your agency relationships while GFTM manages the funding and collections. Offer more than payroll and start with one agency and one new invoice.