Zodeq Reviews
Zodeq specializes in invoice finance and back office support, delivering flexible, professional, and relationship-focused financial solutions with excellent customer service.
5
/
5
Excellent business! I’ve worked with Zodeq since the business started and as they have grown their standards and quality have remained excellent. I would highly recommend Paul and the team at Zodeq to anyone requiring their services! I would give 6 stars if I could 🌟
Jane Todd
5
/
5
Excellent business to work with.
Emma
5
/
5
Tania- pinnacle of Account Management. Our Client Executive, Tania, is an absolute weapons grade Account Manager; The service is: - Smooth and efficient - Attentive and responsive - Platform and processes are stress free and simple I recommend Zodeq to anyone looking for Invoice Factoring
Adam
5
/
5
Working with Zodeq has been straightforward from day one. Vipul has been especially helpful, always on hand to answer questions and quick to get things sorted. The whole team are responsive, easy to deal with, and genuinely supportive. A reliable partner we’re happy to recommend.
Jamie Griggs
5
/
5
Fast and transparent lending process with Zodeq, would use again.
Sarah White
5
/
5
Impressed by Zodeq’s support team, process was seamless throughout.
Tony Markham
Explore Zodeq's Finance Solutions:
Loan Type:
Invoice Factoring
Loan Range:
Up to 90% of eligible invoice value (typically £10,000 – £5,000,000 facility limits)
Loan Terms:
Ongoing revolving facility aligned to invoice payment cycles (rolling 12-month agreement, cancellable with 28–90 days’ notice)
Minimum Turnover and Trading Age:
Typically £250,000+ annual turnover and 3+ months’ trading; start-ups considered case-by-case
Interest Rate / Factor Rate:
Discount fee usually 2.5% – 4.5% over Bank of England Base Rate (exact margin not publicly disclosed)
Fees:
Service fee 0.5% – 3% of invoice value; arrangement fee up to 1% of facility limit; possible minimum monthly fee; no early repayment penalties because facility is revolving
Loan Type:
Confidential Invoice Discounting
Loan Range:
Up to 90% of invoice value (facility sizes £100,000 – £5,000,000)
Loan Terms:
Rolling facility with 12-month renewable agreement
Minimum Turnover and Trading Age:
Minimum £750,000 annual turnover and strong in-house credit control capability
Interest Rate / Factor Rate:
Typically 2.0% – 3.5% above Base Rate on funds in use (exact rates not published)
Fees:
Service fee from 0.25% of turnover; arrangement fee up to 1%; audit fees may apply annually
Loan Type:
Contract Recruitment Funding (Payroll & Timesheet Finance)
Loan Range:
Up to 100% of weekly contractor payroll plus margin (typically £25,000 – £3,000,000)
Loan Terms:
Revolving weekly facility aligned with payroll cycles; contract length mirrors client supply contracts
Minimum Turnover and Trading Age:
Start-ups accepted; must place at least 5 contractors or £10,000 weekly payroll
Interest Rate / Factor Rate:
Funding charge 1.5% – 2.5% of invoice value per 30 days outstanding (flat fee structure)
Fees:
Set-up fee £750 – £2,000; no separate service fee as payroll, invoicing and credit control bundled; same-day transfer fee £15 per run
Loan Type:
Permanent Placement Fee Finance
Loan Range:
Up to 80% of permanent placement invoice value (usually £5,000 – £500,000)
Loan Terms:
Advance repaid when client settles invoice (30–60 days typical); facility renewed annually
Minimum Turnover and Trading Age:
Prefer £250,000+ permanent placement revenue annually
Interest Rate / Factor Rate:
Flat discount fee 2% – 4% of invoice value per 30 days
Fees:
Transaction fee per advance £15 – £30; annual facility fee £500 – £1,000
Loan Type:
Start-Up Recruitment Agency Funding Package
Loan Range:
Typically £20,000 – £500,000 initial facility, scaling with turnover
Loan Terms:
Rolling facility with 12-month agreement; can be cancelled on 30 days’ notice after first year
Minimum Turnover and Trading Age:
Pre-revenue agencies accepted subject to director experience and business plan
Interest Rate / Factor Rate:
Composite service & discount fee 3% – 5% of invoice value
Fees:
Onboarding fee £750 – £1,500; minimum monthly fee may apply if utilisation low
Loan Type:
Loan Range:
Loan Terms:
Minimum Turnover and Trading Age:
Interest Rate / Factor Rate:
Fees:
Agent stopped due to max iterations.
FAQ’S
Does Zodeq provide back office support for recruitment businesses?
What are the key differences between invoice financing and invoice discounting at Zodeq?
What types of businesses use Zodeq's invoice finance services?
What is invoice finance with Zodeq?
Can I apply for a loan from Zodeq directly through Funding Agent?
We Like To Keep Things Simple
Match with
150+
Lenders
Loans from
£1000
to
£500K
to
£500K
zero hidden fees
