Day Webster increases Lloyds discounting facility to £3m

Essex healthcare recruiter Day Webster Group has increased its £2.5m invoice discounting facility with Lloyds Bank Commercial Finance to £3m.
Wed, 13 Nov 2013Essex healthcare recruiter Day Webster Group has increased its £2.5m invoice discounting facility with Lloyds Bank Commercial Finance to £3m.

The firm, which pays temporary staff every week, has been able to increase its placements without affecting its cashflow, as it is less reliant on payment from clients.

The firm has increased internal staff from 29 to 69 in the past year. Around 80% of candidates supplied are employed by the NHS, following some major contract wins in late 2012.

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