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Fully funded, Partly funded and Paid when paid explained
Fully funded, Partly funded and Paid when paid explained

Until now, we could only support ‘Fully Funded’ or ‘Paid when Paid (PWP)’ placements. However, we have introduced a new option; ‘Partly Funded’.

Sam Leaney avatar
Written by Sam Leaney
Updated over 3 weeks ago

Fully funded

How does it work?

We advance your earnings and the funds to the contractor and we then collect from the client in line with the agreed client payment terms.

Fully funded placements

Service charges for fully funded placements are agreed in the signed Terms of Business we provide. If you are unsure of these, please contact your Relationship Manager.

When adding a placement, simply select "Fully funded"

Paid when paid

How does it work?

We pay the funds to the contractor and your earnings when we receive payment from the client in line with the agreed client payment terms.

Paid when paid placements

This option has the benefit of a lower fee. If you are unsure of what your rate is, please contact your Relationship Manager.

When adding a placement, simply select "Paid when paid" to benefit from the saving and increase your earnings.

Partly funded

How does it work?

We advance the funds to the contractor, collect from the client in line with the agreed payment terms, and then pay you your earnings.

Partly funded placements

This option has the benefit of a discounted service charge. If you are unsure of what your rate is, please contact your Relationship Manager.

When adding a placement, simply select "Party funded" to benefit from the saving and increase your earnings.

Any questions - jump on chat or pop us an email. We're here to help.

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