Ryan FowlerNorthbuild Recruitment has secured a £1m Confidential Invoice Discounting facility from Cynergy Business Finance to support its rapid expansion across the construction, house building and civil engineering sectors.
The Manchester-based firm, established in March 2024, provides temporary and contract staffing services across the Northwest. Based near Salford Quays, its consultants focus on matching skilled candidates with roles across engineering and construction, offering a tailored approach to client needs.
The new facility is expected to improve short-term cashflow and enable Northbuild to enhance service flexibility as it scales.
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 added: “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.”
