""BFS supported at a critical time for our business. "Their ability to respond quickly, understand the complexity of a multi-entity structure and increase our facility within tight timeframes made all the difference. The new funding line provides the working capital headroom we need to continue scaling across the UK care sector and to pursue future acquisition opportunities.""
""We're proud to partner with Diverse Group, a business playing a vital role in meeting staffing needs across the care sector. "Our team worked collaboratively and at speed to structure a confidential invoice discounting facility that supports both t"
Bibby Financial Services provided a £12 million confidential invoice discounting facility to Diverse Recruitment Group to support rapid expansion and future acquisitions. Diverse Group, headquartered in London, supplies temporary staff across the health and social care sectors and local government and reports annual turnover of £100 million. Group brands include Diverse Recruitment Limited, Imperium Resourcing Limited, MCM Medical Limited, Amare Health Limited and Social Work First Limited. The facility, arranged with an introduction from Antares Finance and led by Christian Nolan at BFS, was delivered across five entities, raising customer funding limits and freeing cash flow to drive organic and acquisitive growth.
Read at London Business News | Londonlovesbusiness.com
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