Recruiter expands with £100k loan

  • Anil Kanda
  • 27 Feb, 2015

A Manchester-based recruitment agency which specialises in executive and management positions is expanding with the help of a £100k loan from Ashley Business Finance.

The company is moving into new areas such as permanent recruitment and educational courses. The directors needed to raise quick working capital for marketing costs and to cover tutor wages. The loan will be repaid over an 18-month period via a weekly direct debit, and the client will have the option to ‘top up’ the facility throughout if the need arises.