Skipton Business Finance has provided a £450,000 funding deal to assist with the growth strategy of Birmingham based specialist recruitment firm, EA First.
Founded by David McGarry in 2019, EA First specialises in recruiting for corporate office roles across the UK, operating from offices in Birmingham, Cambridge and London.
The Confidential Invoice Discounting facility will support the business’s growth strategy through acquisition, while providing working capital to strengthen operations and take advantage of new opportunities in the market.
The deal between Skipton Business Finance and EA First was brokered by Evolve Business Finance a Nottingham based company who support businesses across the UK with funding solutions, and who work closely with a wide range of lenders, introducers and partners.
David McGarry, managing director of EA First, said: “Securing the funding from Skipton Business Finance was a key turning point for our business. It has given us the flexibility and confidence to move ahead with our acquisition plans and continue to expand our client base.
“We chose to work with Skipton Business Finance due to their incredible customer service and industry knowledge. Their Confidential Invoice Discounting facility has unlocked exciting new opportunities and enabled us to invest in our growth strategy.”
John Colburn, a regional sales director for Skipton Business Finance, said: “We’re delighted to have supported EA First with this funding facility as they enter an exciting new phase of growth.
“At Skipton Business Finance, we pride ourselves on building long-term relationships with our clients and providing funding facilities that evolve with their needs. EA First is a perfect example of how tailored financial support can help businesses reach their potential.”
Stef Radymski, a director of Evolve Business Finance, added: “We know how tough it can be for growing businesses to balance repayments with investment.
“We worked closely with David McGarry and his team at EA First to simplify the business’ funding set-up, reduce its costs and put the business in a stronger position for the future.
“The team at Skipton were proactive and easy to work with from start to finish, which made the process smooth for everyone involved.
“It’s always rewarding when strong partnerships come together to deliver the right result for the client. In this case, a facility that supports growth and strengthens the business for the long term.”
