Invoice discounting facility helps recruitment firm with growth plans

Industry: Recruitment 

Product: Invoice discounting with bad debt protection and RLS top-up facility 

Facility size: £500k

Founded in 2010, this leading technology recruitment company has worked with some of the most innovative and established companies around the world, across multiple industries including financial services, payments, e-commerce and digital media. They encompass an experienced network of industry leaders and experts, who form high-performing teams in short time frames to deliver complex projects, enabling senior leaders to focus on other business areas and challenges at hand.

Since its inception, the business has experienced rapid growth due to the number of highly successful projects it has completed and the strong relations it has built with its clients. This has allowed them to take on larger projects and continue their growth trajectory.

Close Brothers Invoice Finance is pleased to provide this ambitious business with an invoice discounting facility and a Recovery Loan Scheme top-up. This will allow instant access to cash tied up in outstanding invoices and facilitate access to the working capital they require to further enhance the capabilities of their bespoke services and continue to thrive.