Working capital, sized on your team.
Free up more of your company's own cash to buy materials, add capacity and take on new projects.
Estimate your working capitalEstimated working capital
ExampleCash retained after two months.
Illustrative cash retained over time
- Start: £0.
- Month 1: approximately £65,000.
- Month 2: approximately £130,000.
- Month 3: approximately £130,000.
£0 baseline · Approximate balances
For the plans
that won’t wait.
Growth often needs cash before it brings cash in. Put more of your own cash behind the next step.
Manufacturing
More shifts.More orders within reach.
An extra shift means recruiting people and buying materials before the additional orders turn into cash. Additional working capital can help you put that capacity to work.
Clinics & pharmacies
The next clinic.The next pharmacy.
Fit-out, equipment and recruitment draw on cash before a new site is established. Keep more of your own cash available for the opening, while the existing business keeps moving.
Restaurant groups
One central kitchen.More places at the table.
A central kitchen can support your next locations, but equipment, fit-out and opening teams need cash first. Put more of your own cash behind the expansion.
Illustrative scenarios showing how additional working capital could support growth.
Talk through your plans
Estimate your working capital
Start with your team size and average salary. See an indicative amount and the monthly charges, then explore what it could make possible for your business. How the working capital builds
Estimated working capital
Working capital builds over the first two payroll months.
See indicative monthly total
about £1,600 to £2,250 a month.
Explore this for your business
More room for your next move.
Match the scale of your plans with a clearer view of the working capital your team could make possible.
Sized on your team
Your working capital depends on pay levels and how many employees choose to take part. The calculator assumes full participation.
Put your plans into motion
Use the additional working capital where it matters to you, from buying materials for an order to preparing a new location or taking on a larger project.
See the costs before you decide
Explore the monthly fee and platform fee alongside your estimate, so you can weigh the cost against the opportunity.
Trusted by employers
What employers say
“The financing helped us a great deal. We secured capital when we needed it most. […] I appreciate the excellent communication. They always respond promptly to questions and are willing to help.”
“Working with WageNow has brought significant improvements to our cash-flow management. The financing gave us quick access to funds, allowing us to manage our payroll finances more flexibly and efficiently.”
“Whether it was the setup process or the active operation of the service, the cooperation was always professional. Our requests were addressed promptly every time.”
Customer experiences with WageNow’s services in Europe. The services described may differ from our UK service. Translated and edited excerpts.
How the working capital builds
The capital comes from an agreed change to payment timing. It remains your company's own cash.
Written opt-in and payment timing
Employees opt in individually and in writing. The part of their net pay above minimum-wage level then becomes payable on a stated date two payroll months later for monthly payroll, or eight weeks later for weekly, fortnightly or four-weekly payroll. Their full pay still accrues every pay period.
Who pays whom?
On their normal pay date WageNow pays each participating employee an amount equal to the deferred part of their net pay, from its own funds and in its own right, not on the company's behalf. The company still owes the deferred pay to the employee until the company pays it, when due, to WageNow on the employee's instruction. No money is paid to the company.
While deferrals continue, around two months of deferred pay stays in the business at any time. The amount depends on pay levels and participation.
Your existing payroll setup
Keep your payroll software and provider. Payroll runs on full gross pay, with PAYE, National Insurance and pension contributions calculated on full gross as usual. The payslip shows full pay, the amount paid on the day, and the deferred amount with its due date.
What taking part means for employees
Employees choose whether to take part and can stop future deferrals at any time. They receive the same total on their normal payday.
If an employer becomes insolvent
Employees pay no fees. If their employer becomes insolvent, money they then receive for their employment claims, such as unpaid pay, notice pay, holiday pay or redundancy pay, and anything anyone else pays them for deferred pay WageNow matched, goes to WageNow, up to the amount of matched deferred pay that WageNow has not yet received. The rest is theirs.
Getting started
We are introducing WageNow in the UK. The first employers start once the WageNow agreements are final, subject to our assessment of each company.
Still have questions?
We’re here to help. Contact us.
