It is not often a recruitment consultancy on the search becomes the subject of a successful sales pitch. However, that is exactly what happened with KCMB Recruitment Ltd and Venture Finance recently. Whilst being approached by KCMB as part of their headhunting initiative, Venture’s Nick Russell flexed his sales muscles and managed to pull in a new client for the premier independent Invoice and Asset Based Lender.

Based in Cheshire and specialising in recruitment solutions for the financial services industry KCMB initially contacted Nick Russell, Business Development Manager, at Venture Finance on behalf of one of its competitors. Over the course of the conversation, far from being tempted away from his employer, Nick was able to win Venture Finance a new client.

KCMB is now benefiting from a £300k  Domestic and Export Factoring facility, for an ongoing boost to cashflow. The package also includes Bad Debt Protection to shield against unforeseen, unpaid, invoices due to insolvency. The company plans to use this extra funding to aid expansion of its international contracting business, Worldwide Recruitment Solutions. 

Mark Brown, Managing Director, KCMB Recruitment Ltd comments: “Whilst we did not win a potential candidate, we certainly gained valuable working capital! We are very satisfied with Venture’s flexible funding package. It delivers a reliable source of working capital for our ambitious growth plans and provides peace of mind through its Bad Debt Protection. This allows the management team to concentrate on driving the business forward, without distraction.”

Nick Russell, Business Development Manager, Venture Finance comments: “Venture is an award-winning financier with a close family of dedicated professionals. Our desire to help businesses explore growth opportunities never shuts off. Whilst talking to KCMB my thoughts naturally turned to how we could help their business move to the next level and meet the recovery with strength.

“KCMB is a well-managed company with a strong and logical plan for growth. We were impressed with the potential it has and were delighted to provide flexible funding in order that their ambitious plans can be realised.”