Aldermore has provided a £10m finance facility to Dorchester-based Quba Solutions.
The company offers contract finance products to the recruitment industry, combining both funding and back-office capabilities to its customers via an online platform.
It will use the funding to expand into multiple sectors.
Ashley Lyas, founder and director at Quba Solutions, said: “We are delighted to be working with Aldermore and look forward to a fruitful working partnership over the coming years.
“We have a longstanding vision to become the leading invoice financier in the recruitment sector and believe that our digital platform offers something genuinely unique to the marketplace.”
Stuart Baty, head of business development for invoice finance at Aldermore (pictured above), added: “Quba [offers its] clients a great product and all throughout the business we can see they have a real passion and vision for what they do.
“[Its] platform makes things easy for [its] customers, helping new businesses succeed.
“We look forward to working with Ashley and his team as they continue on their fantastic journey.”
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