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Start-up nursing recruiter secures finance in seven days

Start-up nursing recruiter secures finance in seven days

A Manchester-based start-up recruitment firm, specialising in providing full-time and temporary nursing care workers, has secured finance to fund working capital in a deal arranged by an independent commercial finance brokerage, Embark Finance.

Embark, based in the Midlands, has a long track record of working with recruitment businesses. It arranged the finance for Achieve Care Limited in a record-breaking seven days.

Achieve Care was looking for finance to fund working capital into the business and was recommended to Embark by a mutual business contact, as Embark Director Richard Keenan, explains:

“The initial requirements were discussed, and we quickly identified a potential funder for Achieve Care. Discussions and negotiations followed, and seven days later, the funds were released and the deal completed.

“At a time when sourcing and securing external alternative finance continues to be challenging for SMEs, particularly start-ups and recruitment businesses, we are particularly pleased that we were able to arrange the finance, and in just seven days from start to finish.

“The deal is a good reminder that recommendations and referrals continue to be one of the best ways to work.”

Lutterworth-based Embark Finance is an independent commercial finance brokerage within the invoice finance, factoring, asset and trade finance arena. The firm specialises in raising working capital by leveraging assets within a clients’ business and has a proven track-record of providing relevant solutions to a business’ individual needs.

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