Trade receivables securitisation is a way for large corporates to sell pools of their outstanding invoices on the capital markets, creating a new source of funding. 

This process provides HeadFirst Global with competitively priced capital, which enables the group’s growth as it expands its operations, such as the recent Impellam acquisition.

Tim Briant, group CFO of HeadFirst Global, said: “Working with our partners at Demica has been invaluable – their receivables finance expertise has been a crucial element as we structure this facility, helping us to remain a global leader in workforce and mission-critical talent solutions.”

Johannes Wehrmann, Demica’s managing director and head of corporate solutions, said: “The facility will provide the company with capital to continue to grow across Europe, North America and APAC, with Barclays as its funding partner and supported by Demica’s […] reporting solutions.”

Impellam brands include Comensura, Guidant Global, SRG, Lorien, Carbon60 and Bartech.

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