Aldermore Provides £ 200,000 Invoice Finance Facility to Skipper Recruit

Aldermore Bank has provided a £ 200,000 invoice finance facility to Skipper Recruit, the heavy truck (HGV) recruiting specialist.

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Created in June 2020 after the first national confinement, the company specializes in the supply of heavy goods vehicle drivers and logistics personnel both to the general and specialized transport sectors.

Based in Norwich, Skipper Recruit provides staff for clients based in Norfolk, Suffolk, Essex and the Midlands. The agency now has between 30 and 50 drivers every day with clients which include small local businesses, national retail chains and some of the UK’s largest distribution companies.

Danny Skipper, Founder and CEO of Skipper Recruit, said: “The funding we have put in place has been invaluable. This allowed us to run smoothly and run the business with more confidence. Our facility also grew as we achieved our goals, which also helped us grow. The Aldermore team have been incredibly responsive and helpful throughout the process.

Hugo Hanlan, Relationship Manager at Aldermore, said: “We were delighted to work with Skipper Recruit and to see it grow in its early days. The company is working towards clear goals and has developed an understanding of the working capital it needs to continue growing. She is well positioned for the future and we are delighted to be able to support her.

Aldermore’s invoice finance facility, which includes bad debt protection, will allow Skipper Recruit to grow and achieve its growth plans.

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