£1.4m funding line for Leicester recruitment firm

A Leicester healthcare recruitment company has landed £1.4m in funding from Bibby Financial Services.

Based in Leicester and founded in 2009, recruitment firm, Pearson Anderson, is managed by chief executive Amit Kainth. The funding line includes bad debt protection and payroll services

Kainth said: “In order for us to expand our services, we recognised that we needed to prioritise our efforts to drive growth over the next few years. To free up new time for us to focus on this, we needed additional support in back office functions such as payroll management and daily administration.”

Paul Fraser, UK sales director, specialist, Bibby Financial Services, added: “Pearson Anderson is a market-leading healthcare recruitment agency that has experienced substantial levels of growth since its incorporation.

“Our team has worked closely with Amit and his team to structure a Recruitment Finance offer that suited their business, allowing the company to pay suppliers and staff, and to concentrate on the areas in which they wish to develop over the coming years.

“This, alongside back-office administration and payroll support, will allow Pearson Anderson to grow and prosper, and maintain their reputation as a market leading recruiter.”