Case study

Invoice Finance helps recruitment business accelerate growth

05-12-2023

Recently established, Taylor Whitmore Limited is a recruitment business which specialises in the placement of temporary and permanent staff in a variety of roles, from retail management to staff in the manufacturing and logistics industries. With a vision to grow the business over the next three years, experienced director Martin Brown reached out to industry broker Mark Campbell at My Invoice Factoring Limited to explore available routes to funding.

Mark introduced the business to Ultimate Finance’s Senior Regional Director Alastair Logan, who explains, “Mark and I have been working together for over ten years now and we have a solid track record of providing businesses with funding solutions that help them meet their ambitions”.

Upon introduction to the business, Alastair took the time to understand Martin’s background and vision for Taylor Whitmore Limited so that the team at Ultimate Finance could tailor the right funding solution for them. He continues, “At Ultimate Finance we have been helping businesses for close to 22 years already, and our expertise lies in understanding the story behind a company – what makes it unique, what challenges is it trying to overcome and what do its ambitions look like. Once we have all these elements, we can fully customise a facility that directly meets the needs of the business”.

To ensure the team is best equipped with the working capital they need to kick off their growth strategy, Ultimate Finance provided a £200k Invoice Finance solution which will ensure a robust access to cashflow to help pay staff wages and look to take on additional recruiters over the next three years.

Martin says, “Alastair and the team at Ultimate Finance showed great professionalism, acumen and expertise throughout the whole process, and we decided to choose them as our funding partner as we appreciate their personable approach, something that really stands out in financial services. Because Invoice Finance is new to some of our management team, they even provided robust training into how it works, the system they use and how the whole process works”.

With the funding solution set up, Martin and his team are now free to focus on what they do best, which is help other businesses keep moving by finding the best employees to support them.

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