Case Study - Everest Recruitment
Finance • Case Study • Jun 15, 2023 12:13:00 PM • Written by: Holly Spiers
The business
Everest Recruitment are a specialist recruitment agency based in Eastleigh, UK matching skilled carers with the care homes who need them. With over 45 years of recruitment experience, the team at Everest take pride in delivering a personal service that results in happy workers and happy homes as that’s; The Everest way.
The challenege
Everest Recruitment was incorporated in 2008, marking the beginning of the partnership with Giant Finance+. Founder and director Ben Holder recognised the need for a reliable factoring solution to navigate the challenging road ahead. After speaking with several potential partners, Ben found Giant Finance+ straightforward and felt confident in their ability to support his journey from the start.
The solution
To get Everest started and ready for growth, we set up a factoring facility that not only provides instant cashflow for the business but also funds the weekly payroll for their candidates. With Giant Finance+ our invoice finance comes with both bad debt protection and a credit control team which not only protects Everest from any bad debt but it ensures they can grow their business quickly and safely.
“We find that during economically uncertain times like we are currently experiencing, non-payments unfortunately become more frequent. Having a dedicated credit controller who completely understands my business and builds relationships with my clients keep those non-payments to a minimum.”
Final thoughts from Ben Holder Director of Everest
Ben Holder, Director