London education recruitment firm secures £70k funding to boost national presence
A £70k funding line has been secured by London education recruitment agency Key Skills Education Ltd to expand its national offering.
The East London-based company, which was established in 2010, places teachers and teaching assistants into schools and education centres across London and the Home Counties, on long-term and permanent placements.
The business received funding from invoice finance specialist Gener8 Finance Ltd to grow its team of account managers to service its expanding customer base, as well as re-investing in the recruitment of quality staff.
Richard Hill, senior consultant at Key Skills Education, said: “We’re thrilled to have secured this line of funding, which will allow the business to expand its reach and further its reputation beyond the London boroughs and Home Counties we currently work in.
“The cash injection will enable to us invest in the business, make further hires and meet the current demand for skilled education professionals in London and beyond.
“The team at Gener8 were able to move quickly, and have a fantastic understanding of our business and the nature of the industry we work in.”
Richard continued: “They set up a facility within two weeks, which has generated enough cash flow for the business to grow and position ourselves in the best way to react to market demands as they occur.”
Gener8 Finance offers SMEs invoice finance facilities ranging from £10k to £1m.
Phillip Speed, business development manager at Gener8 Finance, added: “We are thrilled to be able to offer Key Skills Education our support and allow them to grow without any interruption to the service it currently provides in the south of the country.
“We look forward to working with the business as it continues its expansion into new territories and continues to provide its already high-quality team and service.”
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