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creating two new jobs with the support of a £25,000 working capital facility from Lloyds Bank Commercial Banking. Truly Tailored Recruitment

Tailored help from Lloyds Bank A

Cheltenham-based recruitment company has expanded its team by

working capital facility to help the business streamline its cashflow, as well as a banking facility to support its payroll function. Abi Howell, director at Truly

opened in March 2016 and supports Gloucestershire-based businesses with temporary and permanent staff including office support, sales, marketing, HR and accounts professionals. The business is projected to turn over £1 million in its inaugural year. To keep up with demand for

skilled temporary workers, the firm has employed two new members of staff to join an existing team of five, and has turned to banking provider Lloyds Bank Commercial Banking for support. The bank has provided Truly Tailored Recruitment with a

Tailored Recruitment, said: “The additional funding from Lloyds Bank has been great for the business, as it is allowing us to expand as a business and support our clients even better than before.” Nigel Smith, relationship

manager at Lloyds Bank Commercial Banking, said: “By providing recruitment agencies like Truly Tailored Recruitment with the facilities they need to grow, they’ll be able to maximise opportunities as more roles are created. “We’re committed to supporting

small to medium sized businesses and since 2011, we have grown our net lending to SMEs by 28%.”

The expanding team at Truly Tailored Recruitment

Ultimate Finance appoints director

Ultimate Finance has appointed Neil Curtis as regional director of Asset Finance in its Bristol office. Neil has 25 years’ experience in

asset-based finance. Having started his career in IT funding with GE Capital, he spent a short period as a broker before moving to Shawbrook Bank.

‘I was really attracted by Ultimate’s desire to lend’

More recently he worked in the finance division of Caterpillar, the world’s leading manufacturer of construction and mining equipment, where he specialised in providing finance for companies to purchase plant and machinery. In his new role, Neil will be

providing asset finance to SMEs across all sectors around the M5 corridor and the South West. Speaking about his move, Neil

said: “Having worked as both a lender and broker, I was really attracted by Ultimate’s desire to

26 insight NOVEMBER/DECEMBER 2016

Neil Curtis has joined the Bristol office of Ultimate Finance

lend, which is a refreshing change to some financial institutions that look for reasons not to do so or are slow to make decisions. “With the go-ahead given for the

nuclear plant at Hinkley Point I am ideally placed to target the construction companies and ancillary trades who may be looking to add plant and machinery to their inventory.”


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