(L-R) Sharad Verma, NatWest business growth enabler, founder and owner of London Heathcare Locums, Doctor Naeem Aslam and Manveer Dugun, NatWest relationship manager
London Healthcare Locums, a specialist healthcare recruitment agency, has secured an £850,000 funding package from NatWest and Royal Bank of Scotland Invoice Finance to support future growth.
As one of the UK’s leading providers of locums to the NHS, the company supplies over 500 nurses, midwives and healthcare assistants to 18 trusts and private sector clients across London and Essex and has a further four partnerships with other trusts in the pipeline.
London Healthcare Locums will use the six-figure funding facility from Royal Bank of Scotland Invoice Finance and NatWest to support its expansion and recruitment both in the UK and overseas, as well as plans to introduce domiciliary care professionals to its workforce portfolio.
The business also aims to set up a call centre early next year to assist with compliance, initially creating a further five jobs, and to purchase permanent premises later in the year.
Founded by Dr Naeem Aslam in 2014 to provide flexible staffing solutions to the NHS and independent healthcare clients, the company has grown significantly and now has an estimated annual turnover of £6 million and a team of 20 staff.
Naeem said: “Our goal has always been to become a global healthcare recruitment company and thanks to the flexible funding package and support from Royal Bank of Scotland Invoice Finance and NatWest, the business will be able to achieve its maximum potential in the coming years. We hope to continue to build on our reputation of providing first class medical staff to our valuable clients.”
The finance package for London Healthcare Locums was supported by Sharad Verma, NatWest Business Growth Enabler, Manveer Dugun, NatWest Relationship Manager and Asif Mohammed, Business Development Manager at Royal Bank of Scotland Invoice Finance.
Sharad said: “The funding and the NatWest bank account we have provided will help London Healthcare Locums in its next stage of growth and we look forward to continuing to support Naeem and the team as they develop the business.”
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