Business Details
25 Years
experience
Your Trusted Partner for Recruitment Finance Solutions
New Millennia has been a trusted provider of recruitment finance and back office solutions for over 19 years. Our expertise lies in delivering tailored financial and administrative support to recruitment agencies, enabling them to focus on core operations. With a dedicated team of professionals, we offer 100% funding, payroll management, invoicing, credit control, and accountancy services. Our commitment to ethical practices and client-centric solutions has established us as a reliable partner in the recruitment industry. We prioritise transparency, flexibility, and efficiency, ensuring our clients benefit from seamless operational support. Our proven track record demonstrates our ability to adapt to the evolving needs of recruitment agencies, from startups to established SMEs. By eliminating financial and administrative burdens, we empower our clients to concentrate on business growth and client satisfaction. Our services are underpinned by advanced technology, providing real-time access to critical financial processes through user-friendly online portals. This combination of experience, innovation, and personalised service positions New Millennia as a leader in recruitment sector support. We continuously strive to enhance our offerings, ensuring our clients remain competitive in a dynamic market while maintaining compliance and financial stability.
Services
Recruitment Finance
Back Office Solutions
Accountancy Services
Payroll Processing
Invoice Factoring
Credit Control
Details
- Year established: 2001
Highlights and features
- We offer 100% funding with no drawdown percentages or hidden fees.
- Our team has over 19 years of specialised recruitment industry expertise.
- We provide tailored accountancy packages for recruitment agencies of all sizes.
- Our online portals enable real-time access to payroll and financial processes.
- We guarantee timely payment of temporary workers to ensure client satisfaction.
What people say
Exceptional service
Professional support
Temps paid on time
Flexible approach
Quick problem resolution
Services
Recruitment Finance and Funding
As funding experts, New Millennia offer financial services and assistance in the complex task of balancing accounts, helping startup businesses succeed in recruitment. Our finance solutions offer a superior alternative to invoice factoring, meaning an end to your cash flow concerns. You'll discover a level of transparency that is not found with other invoice factoring and your clients and temps will experience this too. With individual online portals where timesheets and invoices can be uploaded, the whole process provides clarity and security for all parties.
Starting A Recruitment Agency
Considering starting your own recruitment agency? With experience as a successful recruitment consultant, starting your own recruitment firm will take your hard work and impeccable knack for placing skilled candidates in successful positions. You'll already have asked yourself why you're setting up your recruitment business, perhaps you desire the freedom of a more flexible work life balance or perhaps it is an ambition to earn and work on your own terms which drives you. However you have reached your decision to take the leap of faith you can be sure that New Millennia will be there to support you in your venture.
Recruitment Back Office Solutions
Streamline your back office system with the help of New Millennia. With our years of experience and expertise, our recruitment support services will ease the burden of your back office administration duties so that you can concentrate on the important things and offer the best service possible to your own clients.
People
Paul ORourke
Operations Director
Paul ORourke, our Operations Director, brings exceptional recruitment expertise and personally engages with clients to ensure tailored support and business growth.
Questions
What recruitment finance solutions do you offer?
We provide 100% invoice financing with no drawdown percentages, personal guarantees, or hidden fees. Our solutions ensure timely payment of workers and smooth cash flow management.
How do your back office services benefit recruitment agencies?
We handle payroll, invoicing, credit control, and compliance, reducing administrative burdens and allowing agencies to focus on business development and client relationships.
What accountancy packages are available?
We offer essential and bespoke accountancy packages including tax returns, payroll processing, and regulatory compliance tailored to recruitment agencies' specific needs and growth objectives.
Do you support startup recruitment agencies?
Yes, we specialise in supporting startups with funding, payroll solutions, and administrative support to help new agencies establish and scale their operations effectively.
How do you handle late client payments?
Our invoice factoring alternative provides upfront funding, eliminating cash flow gaps caused by late payments while we manage the collection process on your behalf.
Reviews (1)
Nadim Thobhani
Mar 09, 2019
Report
New Millennia were very helpful with all queries and questions I had in regards to what is needed in terms of setting up an agency, from the back office to the funding and financial support. Every query I had in the back of mind was answered in detail and explained simply and easily in how they could assist me. I appreciate your help guys, thank you.