Manchester based Northbuild Recruitment Limited will be able to enhance its rapidly growing business following receipt of a £1 million Confidential Invoice Discounting (CID) facility from Cynergy Business Finance. The facility will enable Northbuild to achieve its significant growth ambitions, as it continues to expand its client base to respond effectively to needs across the construction, house building, and civil engineering sectors.
Established in March 2024, Northbuild Recruitment is a specialist recruitment firm, offering both temporary and contract staffing services across the Northwest. Based outside Salford Quays, Northbuild’s expert consultants place candidates into roles across the engineering and construction sectors, always striving to understand specific business needs to source the best talent.
The CID facility provided by Cynergy Business Finance will allow Northbuild to grow and focus on enhancing the flexibility of its services. The facility provides a cost-effective solution whilst further supporting Northbuild’s short term cashflow requirements.
Richard Pogmore at Northbuild Recruitment, said:
“As Northbuild Recruitment continues its expansion, collaborating with a financial partner that understands the nuances of our industry has been critical. Our relationship with Cynergy Business Finance has been instrumental in helping us take the next step in our growth journey. This partnership ensures we’re well-positioned to meet increasing client demand and continue delivering exceptional service.”
Nicole Wadmore at Cynergy Business Finance, said:
“Northbuild Recruitment is a well-managed business with a strong leadership team and a clear growth strategy. We’re excited to support Northbuild as they enter the next phase by providing a flexible and agile facility. This will in turn support further growth and allow them to scale up more confidently.”
Karl Hutchinson at Compare Your Funding said:
“It has been great to have worked with Northbuild Recruitment and secure a facility with Cynergy Business Finance that not only supports their growth ambitions but also offers the flexibility needed to adapt to future opportunities.”
