EA First, a specialist recruitment firm has secured a new funding package through Evolve Business Finance. The deal has allowed EA First to consolidate debts and switch invoice finance provider, reducing monthly outgoings and freeing up funds to support business growth.
As a boutique recruitment agency working with corporate HQ roles across the UK, EA First invests in its people and office spaces to stand out from the usual crowd. The business now has teams in Cambridge, Birmingham, London and the north.
With a number of finance agreements in place, EA First wanted to simplify things. The business needed a solution to reduce monthly repayments, improve cash flow and secure a more competitive invoice finance provider. It also wanted a partner who understood its growth plans and would be able to support the company longer term.
Evolve Business Finance stepped in to arrange a new package combining debt consolidation and invoice finance. By working closely with David McGarry at EA First and Skipton Building Society, Evolve’s director, Stef Radymski, helped secure a deal that brought down the recruitment business’ monthly costs and freed up cash for investment in its teams and operations.
AWe’ve worked with Stef for over five years now. In that time, I’ve had plenty of other brokers get in touch but we stick with Evolve. Stef knows our business and has never failed to get things sorted. This latest deal has helped us reduce our costs and keep investing in our team and tech. Stef’s been brilliant again - straightforward, honest and easy to deal with.”
David McGarry, Executive Director, EA FirstAWe know how tough it can be for growing businesses to balance repayments with investment. We worked closely with David to simplify EA First’s funding set-up, reduce its costs and put the business in a stronger position for the future. We’ve built a good relationship over the years, so it’s always rewarding to help a business like EA First keep moving forward.”
Stefan Radymski, Director - Evolve Business Finance