Warrington recruitment firm enters ‘next phase of growth’ with £650k funding
Recruitment firm Positive Recruitment Solutions (PRS) is expanding its offer after securing a six-figure finance facility.
The Warrington-based company will use the £650k funding from specialist bank Aldermore to target new industries and increase its margins.
Darren Cunliffe, PRS’ managing director, said: “After celebrating our third anniversary and moving to a new head office, we wanted to maintain our sense of achievement and forward momentum.
“Our accountant introduced us to Aldermore due to its reputation for professionalism, speed and flexibility when providing finance to small businesses.”
He added: “The recruitment industry is fiercely competitive and the funding provided by Aldermore means that we we are well-positioned to broaden our offering, build capacity in our offices and win new contracts, all the while delivering an excellent service to our clients.”
PRS was established three years ago and today employs a team of 11 across offices in Warrington, Rugby and Bristol.
The company provides recruitment services for the UK’s industrial, logistics, marketing and public relations sectors.
Tom O’Dell, business development manager for invoice finance at Aldermore, commented: “PRS is an ambitious small business that has enjoyed significant success during its first few years of operating.
“However, the business still has a great deal of potential which our facility will help them to fulfil.”
He continued: “The business has rightly focussed on sustainable growth over the last three years and now is the right time for it to move into its next phase of growth with a funder capable of supporting its ambitions.
“Now that PRS has the appropriate financial support in place, we expect to see the company going from strength to strength and wish them every success.”
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