Simplicity in Business Reviews

Simplicity in Business delivers tailored recruitment finance solutions with flexible funding, full back-office support, and up to 100% invoice funding, enabling growth without loans or equity loss.

Here are the Trustpilot Reviews from Simplicity in Business:

Here are the Reviews from Simplicity in Business:

The move over to Simplicity says it in the title – a simple and uncomplicated process; the transition was excellent.

Cassie Atkins

Simplicity gave us a solution that more than meets our requirements and opened our eyes to what the future for our business could be.

Mike Goode

Simplicity played a major and important role in the success of our new business. I recommend Simplicity.

Marc Ryzer

Simplicity could offer us exactly what we were looking for, which was an all in one recruitment specific solution.

Simon Bielby

It’s about peace of mind – we know that all our costs are covered and we can focus on growing the business.

Rob Scott

Their support and understanding made complex processes easy and efficient for my business.

Alex Green

Explore Simplicity in Business' Finance Solutions:

Recruitment Invoice Finance (Factoring)

£25,000 – £10,000,000 (advance up to 100% of approved invoice value)

Start-Up Recruitment Funding Package

£5,000 – £250,000 initial funding line (scales with turnover)

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Explore Simplicity in Business' Finance Solutions:

Loan Type:

Recruitment Invoice Finance (Factoring)

Loan Range:

£25,000 – £10,000,000 (advance up to 100% of approved invoice value)

Loan Terms:

Rolling facility with 30–120 day invoice cycles

Minimum Turnover and Trading Age:

Typically £250,000 annual turnover (waived for start-ups)

Interest Rate:

Discount fee 1.0% – 3.0% of invoice value per 30 days (representative)

Fees:

Service fee 0.5% – 2.5% of gross invoice; arrangement fee up to £995; same-day CHAPS £25

Loan Type:

Start-Up Recruitment Funding Package

Loan Range:

£5,000 – £250,000 initial funding line (scales with turnover)

Loan Terms:

Rolling facility; minimum 12-month service agreement

Minimum Turnover and Trading Age:

No minimum – pre-revenue start-ups accepted

Interest Rate:

Combined service & discount fee typically 3% – 6% of invoice value

Fees:

Setup fee £495; ongoing payroll processing £5 – £10 per timesheet; CHAPS £25

Loan Type:

Payroll Funding Facility

Loan Range:

£10,000 – £5,000,000 weekly wage roll

Loan Terms:

Weekly revolving facility aligned to payroll cycle

Minimum Turnover and Trading Age:

£500,000 projected annual payroll spend

Interest Rate:

Funding charge 0.75% – 2% of payroll value per week

Fees:

Processing fee £1 per payslip; annual platform licence £1,200

Loan Type:

Bad Debt Protection (Standalone or Add-On)

Loan Range:

Cover up to £500,000 per debtor, £5,000,000 aggregate

Loan Terms:

12-month renewable policy

Minimum Turnover and Trading Age:

Available to agencies using any Simplicity funding facility

Interest Rate:

Premium 0.25% – 0.6% of protected turnover

Fees:

Policy administration fee £350 per annum

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More About the CEO

David Thornhill

Founder & CEO

CEO since Since founding in 2003

David Thornhill is an entrepreneur and business coach with over a decade of experience helping businesses simplify their operations and accelerate growth. As founder and CEO of Simplicity in Business, he focuses on creating effective systems and strategies to maximize business potential.

Education

Bachelor of Business Administration, University of Texas at Austin

Certifications

Certified Business Coach (CBC); Project Management Professional (PMP)

Experience

Founder & CEO at Simplicity in Business (2011–Present); Business Coach and Consultant (2009–2011); Sales Manager at XYZ Corporation (2005–2009)

Awards

2018 Small Business Influencer Award; 2020 Top Business Coach Award by Business Today

More About Simplicity in Business

Simplicity, trading as Simplicity in Business Ltd, is a UK lender established in 2004. It offers invoice finance, payroll funding, and back-office outsourcing exclusively for recruitment agencies. Regulated by the Financial Conduct Authority for consumer credit activities, it operates a non-bank lending model combining finance with technology-driven support. This lender's products may suit recruitment agencies looking for invoice-based funding and operational support. For broader business finance context, see business loans and invoice financing.

Key features of Simplicity

Simplicity offers a suite of integrated features designed for recruitment agencies. Its technology platform supports funding visibility, payroll, and compliance within a dedicated portal. Support is provided by experienced account managers working exclusively in the recruitment sector.

Online Pay & Bill portal with real-time funding availability; supports invoice finance management.
Integrated digital timesheet, e-signature, and compliance checks streamline operations.
Automated credit checks and debtor monitoring help manage risk.
Dedicated account managers provide sector-specific support by phone and email.
White-label invoicing and SMS/email remittance notifications help maintain agency branding.

Funding eligibility

You may qualify for Simplicity's funding if you operate a UK-registered recruitment agency billing UK clients, with start-ups accepted. Typically, agencies require at least three months trading or signed contracts, except start-ups which have no minimum turnover. Exclusions include non-recruitment sectors, overseas placements, and some CIS-only agencies. For more on eligibility, see loan eligibility requirements, start-up loans, and business loans.

Loan options

Simplicity provides several invoice finance and payroll funding options tailored to recruitment agencies. These include start-up funding and comprehensive invoice finance facilities. The products focus on invoice-backed funding rather than traditional loans.

Start-Up Recruitment Funding Package: £5,000–£250,000 initial funding, scaling with turnover. Rolling facility with a 12-month minimum service agreement. Combined fees typically 3%–6% of invoice value. Requires no minimum turnover. See start-up loans.
Recruitment Invoice Finance (Factoring): £25,000–£10,000,000, with advances up to 100% of invoice value same day. Rolling facility with 30–120 day invoice cycles. Discount fees range from 1.0% to 3.0% per 30 days; service fees 0.5%–2.5%. See invoice finance for recruitment agencies.

How to apply

The application process is online, designed for efficiency, with funding decision timelines aimed at around 48 hours after submission. Required documents include business incorporation, director identification, bank statements, contracts, and an aged debtor ledger or business plan for start-ups.

Complete an online enquiry form to start your application.
Provide required documents including company registration, director IDs, bank statements, and contracts.
Undergo a telephone consultation and submit documents digitally for review.
Receive indicative approval within 48 hours; first funding typically within five working days.

Funding Agent's view on Simplicity

Simplicity serves as a niche lender focused on invoice-based funding and back-office services for recruitment agencies. It offers start-ups and established businesses access to integrated finance and operational solutions. However, eligibility is sector-specific and personal guarantees are generally required. This lender is not suitable for businesses outside recruitment or those seeking traditional term loans. Consider using Funding Agent's loan eligibility guide, invoice finance calculator, or business loan comparison tools for next steps.