Skipton Business Finance is putting up £40m to aid UK businesses in the recruitment space, BDaily News reported on Monday (Aug. 19).
E-recruitment is a growing segment, but economic uncertainty has recruitment agencies struggling to find the funding necessary to transform.
“Skipton Business Finance is proud to be offering this amount of money for recruitment businesses,” said Greg Bell, managing director of Skipton.
He added, “This scheme can give a business the support it needs to transform, and we are proud to be involved in this process. We have assisted a number of recruitment businesses who have opted to use one of our invoice finance solutions, subsequently helping their growth.”