PipRustageFrazerJohn_031_smallManchester-based Frazer John Recruitment is managerial and executive recruitment business that works with an impressive list of blue chip customers including moneysupermarket.com, Virgin Care and Manchester Airport Group. As part of its expansion plan FJR was looking for additional working capital to accelerate growth through an investment in new consultants.

FJR approached the Greater Manchester Loan Fund and a loan of £320,000 was agreed. The GMLF also offered the company a 12 month capital repayment holiday and a tailored repayment plan to suit the specific requirements of the business.