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.

Agency workers at UK’s well-known retailer told to stay at home

Marks & Spencer (M&S) has ordered hundreds of agency workers at its main distribution centre to stay at home.

28 April 2025

APPOINTMENTS: 28 APRIL-2 MAY 2025

This week’s appointments include: Eames Consulting, Faststream Recruitment Group, Gi Group, Heidrick & Struggles, Oyster, Starfish Search, Sellick Partnership

People 28 April 2025

Cheshire-headquartered Gap Personnel acquired by Rcapital

Cheshire-headquartered recruitment agency Gap Personnel has been acquired by Rcapital in a corporate carve-out.

Contracts 14 April 2025

FINANCIALS: Staffline results exceed market expectations

Recruitment group Staffline has announced a strong performance for the year ended 31 December 2024.

Financials 8 April 2025
Top