Lloyds TSB Commercial Finance’s recruitment finance division has helped rescue a recruiter faced with a HMRC winding-up petition.

The division organised the payroll for more than 250 workers, ensuring the temporary workers’ wages were paid without interruption.

Stuart Talbot, head of the recruitment finance division, says: “Our teams worked incredibly hard to be able to put into place so quickly our Cash Friday payroll finance to ensure business continuity, something which I doubt other any other funder could have achieved given the number of workers involved.”