Ultimate Finance supports recruitment company turnaround

Specialist asset-based lender, Ultimate Finance has helped to take a company from administration to success in six months. Brookes HC Recruitment has a complete company turnaround after Ultimate Finance provided invoice finance and back-office support.

The specialist asset-based lender supported Brookes through administration, providing the company with a £400,000 invoice finance facility to guide the company through a difficult period and is now well-positioned to expand for growth.

Shaun McMurchie, owner of Brookes HC Recruitment, said “Entering into administration is one of the most stressful experiences a business owner could possibly go through but with Ultimate Finance on our side, you wouldn’t have known it. The team came in and completely removed the stress of the situation, reassuring me that Brookes could come back stronger than before.”

“Not only has the funding Ultimate provided transformed our financial situation but they have also taken complete ownership of my back-office. The team completely understands my company, the specific pressures recruitment agencies face and how to respond to them in a timely and efficient manner.

“With my previous funding partner, I was left worrying from week to week whether they would deliver what they promised, which not only impacted productivity at work but also meant I spent less time with my family. Now I know Ultimate Finance has it covered – they have completely removed the pressure from my shoulders and have allowed me to focus on running my business and pushing for growth.”