- Client: UK-headquartered recruitment group with EU subsidiaries
- Challenge: Existing facility costly and restrictive across multiple jurisdictions with differing debtor frameworks
- Loan Amount: Circa €2M cross-border invoice finance facility
A UK-registered recruitment group with active subsidiaries in multiple European jurisdictionsapproached Enness seeking a more efficient and scalable funding structure to support its expanding cross-border operations. The business relied heavily on invoice finance to maintain working capital across multiple entities, but its existing arrangement had become increasingly costly and restrictive as the group grew. The client required a consolidated facility capable of funding receivables across jurisdictions while improving flexibility and reducing overall financing costs.
Structuring a solution across three jurisdictions presented several challenges. Traditional lenders were hesitant to support cross-border receivables within the recruitment sector due to variations in contract structures, debtor profiles, and local legal frameworks. In addition, the group’s existing funding line included relatively high fees and operational inefficiencies, making refinancing complex. Delivering a compliant and scalable structure required a lender with both international reach and sector-specific expertise capable of supporting multi-jurisdictional debtor books under a single facility.
Enness introduced a specialist lender able to provide a circa €2M cross-border invoice finance facility tailored to the group’s UK, Dutch, and German operations. The structure consolidated funding into a streamlined solution supporting receivables across all three jurisdictions, improving operational efficiency and simplifying access to working capital.
The facility provided consistent liquidity across multiple European entities while improving cost efficiency and scalability. This case demonstrates how specialist cross-border invoice finance structures can support international recruitment groups by aligning funding with operational complexity and enabling businesses to scale confidently across multiple jurisdictions.
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