Energy recruiter PS Capital gets £1.5m investment for growth

Specialist recruitment agency PS Capital has received a flexible £1.5m asset-based lending facility from Cynergy Business Finance to support both short and long-term growth strategies.

Headquartered in Glasgow, PS Capital specialises in the energy sector, providing recruitment solutions for international, offshore and domestic organisations. 

PS Capital required additional funding to help it complete a management buyout and improve cashflow to help support its planned growth, building a future platform of over £10m a year.

Cynergy Business Finance is providing a flexible receivables finance facility that was bespoke to the needs and growth plans of PS Capital. The cashflow injection will help to support the business’s long-term growth plans, providing a high advance payment level.

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