Member Article

Warrington-based Red Dot Recruitment secures £250k funding facility

Red Dot Recruitment, a call centre staffing business, has secured a £250k facility from Secure Trust Bank Commercial Finance.

The Warrington-based firm, which currently employs 10 staff, provides full time and temporary staff to call centres throughout the UK.

The business was established in 2013 and achieved turnover of £945k in 2014.

It expects strong growth in the coming months, with turnover expected to reach £2m this year.

Owner of Red Dot Recruitment, Martin Warding, said: “There was a lot of red tape from our previous lender, which was restricting our growth plans.

“We have known the directors at Secure Trust Bank for a number of years and they have an excellent reputation within the market.

“Our new invoice facility is much more flexible, giving us the freedom to expand into new markets and help us double turnover next year.”

Regional sales director at Secure Trust Bank Commercial Finance, Dave Green, said: “Red Dot has an impressive track record with their turnover increasing year on year.

“We have provided the business with a cost-effective and efficient finance solution, which will speed up the firm’s growth plans as it looks to make a series of acquisitions, particularly in the construction and healthcare sectors.”

This was posted in Bdaily's Members' News section by Sophia Taha .