Security and Risk Management in Leeds is set to take on an additional 50 staff and turn over Ј1 million in its first year following a partnership with Cattles Invoice Finance which has put in place an invoice finance solution to ensure a healthy working capital as the company grows.
Local man Paul Morris established the company having worked in security all his life, with the aim of offering quality security to companies all over the UK, from guards manning a premises to CCTV and private investigations.
Commenting on the funding, Paul said: "A growing number of companies are recognising the need for a reliable security solution and my problem was not finding clients, but actually funding the growth of the company. The solution that Cattles Invoice Finance has provided is ideal as it increases as the number of invoices issued increases. This means I can concentrate on building up my staff and client base without worrying about running out of working capital."