Shore Group secures £20m funding from Santander

The Shore Group, a Hove-based recruitment agency, has arranged an invoice finance facility from Santander UK to help its growth plans.

The recruiter, which provides temporary skilled workers to a range of sectors, has secured a £20m facility and full transactional banking services. A Santander UK statement said that the Shore Group will use the Working Capital Facility for day-to-day capital requirements to help the business accelerate cashflow to assist growth. 

Shore provides skilled tradespeople for small projects through to long-term builds in sectors including construction, telecoms, rail and aviation. In 2018, the company helped fill 20,000 temporary vacancies.

Santander UK is also providing the firm with full-service banking including BACS and Air Plus corporate cards.

• Comment below on this story. Or let us know what you think by emailing us at [email protected] or tweet us to tell us your thoughts or share this story with a friend.

SSGC launches WLTS to deliver ex-service personnel to businesses

Specialist security guard provider SSGC has launched a new initiative to deliver temporary labour and recruitment services to businesses.

New to Market 13 April 2021


This week’s appointments include: Eden Scott, Irwin Mitchell, New Street Consulting Group, Samuel Knight International, Scandic Hotels Group

People 13 April 2021

New dawn or stormy seas for new IR35 off-payroll working rules?

The controversial IR35 self-employed taxation rules being rolled out today are undermining the sector at the “worst possible time”.

Legislation 6 April 2021


This week’s new launches include: Capital Outsourcing Group (Food), Cielo TalentCloud, Lorien, Thrive Education,

New to Market 6 April 2021