A recruitment agency operating for over 12 years in the South West, was introduced to us by a broker requesting a £350k fully unsecured loan.
Due to their healthy turnover and continuously growing sales and profit numbers, we were able to offer the loan within one business day at a highly competitive rate. The injection of funds helped the firm’s ambitious plans to refurbish and expand their offices.
The need to compete and stay ahead of the competition is great in the recruitment industry, which saw a total revenue of £32.2 billion in 2017 and the launch of 5,824 new businesses, a 20% increase on the previous year.
Originally published March 19 2018 , updated February 24 2020