Permanent Funding

Permanent recruitment can generate agencies significant fees from a single placement, but those fees may not be received until months after the candidate starts. Permanent recruitment funding helps agencies turn those unpaid invoices into cash sooner, supporting healthy cash flow and reinvestment in growth.

Why Manage Contract & Perm Through One Partner?

If you already work with 3R for contractor funding, managing your permanent placements through the same platform creates a more streamlined experience for both you and your clients.

  • Simpler client experience with one accounting point of contact, one invoicing process and one trusted partner.
  • Less administration through a single supplier setup, pre-approved billing details and reduced payment queries.
  • Greater visibility with contract and permanent recruitment data, reporting and tools in one place.
  • Built for growth with flexible funding options and UK, EU and U.S. currency support.

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Funding Flexibility

Choose to fund your perm invoice for accelerated fee payments or simply administer it through 3R's invoicing and credit control service at a reduced cost. Total flexibility and control placement by placement.

Paid on Invoice (POI) – Fund your invoice and receive 100% of your recruitment fee the same week your invoice is raised.

Paid when Paid (PWP) – We'll administer and collect the invoice on your behalf, and you'll receive your fee once the client pays.

Both options include as standard:

Client Credit Checks

Invoicing Schedules

PO Management

Invoice Insurance (BDP)

Dual-branded Invoices

Consultant Split Fees

Contract Storage

Credit Control

How does permanent recruitment funding work?

Permanent recruitment funding enables recruitment agencies to receive payment for a successful perm placement before the end client pays the invoice. Instead of waiting 30, 60 or 90 days for payment, the agency gets paid when the invoice is raised, while the funding provider manages collection from the client.

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    Credit Check

    Request a quick client credit check and financial assessment. Gain confidence in your client’s financial position and valuable insight for negotiating fees and terms. 

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    Add Placement

    Import from your CRM or add placement details in minutes. Capture everything needed for smooth invoicing, payments and credit control.

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    Confirm Hire

    Send a Confirmation of Hire for client approval. Validate key placement and billing details upfront to reduce queries later down the line.

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    Send Invoice

    Generate and send accurate invoices at the click of a button. Including the information clients need to approve and process payments quickly.

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    Get paid

    Receive weekly payments with full visibility of every transaction. We handle invoicing queries, collections and credit control, so you can focus on recruitment.

The Back Office portal itself is excellent. It's intuitive and data rich. It allows us to easily interact, generate reports and get key insights into our recruitment portfolio, which is great.

Simon Davey, Recruitment Partner  |  Gerrell & Hard

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  • 3R Week View
  • 3R Invoicing
  • 3R My Tasks
  • 3R Reports Dashboard

One Platform. Total Visibility.

Manage placements, stay on top of tasks and access the insights needed to grow your business. Our back-office platform gives recruiters the tools to work efficiently and managers the visibility to make informed decisions.

  • Week View with RAG status alerts to keep deals moving through every stage of the process.

  • My Tasks provides reminders to help recruiters stay on top of key actions.

  • Comprehensive reporting covering consultant performance, client trends, PO usage, outstanding debt and more.

Frequently Asked Questions

What is permanent recruitment funding?

Permanent recruitment funding allows recruitment agencies to access placement fees before their client pays the invoice. Depending on the funding option chosen, agencies can receive payment as soon as the invoice is raised while 3R manages invoicing queries, credit control and collections.

Why use permanent recruitment funding?

Recruitment agencies use permanent recruitment funding to improve cash flow, reduce administration and support growth. It removes the need to wait for client payment terms, helping agencies reinvest in consultants, marketing and business development sooner.

How does 3R's permanent recruitment funding work?

3R's permanent recruitment funding combines funding, invoicing and credit control in one service. Recruiters enter placement details, obtain client approval through a Confirmation of Hire and raise the invoice through the 3R platform. Agencies can then choose to be paid on invoice or when the client pays.

Can I choose which placements to fund?

Yes. 3R gives recruiters complete flexibility to choose which permanent placements they fund. You can fund some invoices for accelerated payment and use administration-only services for others, on a placement-by-placement basis.

Does permanent recruitment funding include Bad Debt Protection?

Yes. Bad Debt Protection is included as standard on approved invoices. This helps protect recruitment agencies if an approved client becomes insolvent before an invoice is paid.

Can 3R support contract and permanent recruitment?

Yes. 3R provides funding and back-office solutions for both permanent and contract recruitment. Managing both through one platform creates a consistent process, provides better reporting visibility and reduces administration.

Talk to us today

Being ex-recruiters, we're always happy to talk! Get in touch with our experienced team to explore a solution that will meet your needs and surpass your expectations.

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