Semester Recruitment takes Positive step

A SMALL health and social care recruitment firm has boosted its growth potential with a new funding deal.

Semester Recruitment, based in Sale and with an office in Yorkshire, has secured a £250,000 invoice funding line from Manchester lender Positive Cashflow Finance.
 
Semester, which was founded in 2004, provides health and social care recruitment solutions to voluntary organisations, local authorities and private sector businesses throughout the UK.

The company has seven staff across its two offices and had a turnover of £1.3m last year.

Nicola Jenkinson, director at Semester Recruitment, said: “We have been looking for a more flexible and supportive lender to work with as the business grows. Positive fits the bill perfectly. They have demonstrated a real understanding of our values and our growth ambitions and have given us the financial flexibility to focus on achieving our aims.”
 
David Smith, managing director at Positive,added: “The recruitment industry is dynamic and competitive, so we are pleased to have been able to provide Semester with this invoice finance solution.

“I am confident that it will enable the team to focus on their growth strategy and free up cash to invest in the business and spur on growth.”