A Burton-On-Trent-based debt collection firm is preparing to expand its workforce with five new positions after securing £100,000 funding.
Maxima Creditor Resolutions, based in Blakenhall Park Bar Lane, Barton Under Needwood, has secured funding from the Midlands Engine Investment Fund (MEIF) and the Staffordshire & Stoke on Trent Business Loan Fund managed by BCRS Business Loans.
The funding will allow Maxima Creditor Resolutions to strengthen and expand its services as a start-up company. The funding will create five additional jobs and support three existing roles, allowing Maxima to employ specialist legal support and take advantage of new market opportunities.
Created in October 2021, Maxima Creditor Resolutions is a firm of insolvency experts, specializing in the recovery of unpaid debts for creditors.
Mark Andrews, co-founder of Maxima Creditor Resolutions, said: “After securing funding from BCRS, we will be able to use the fund to hire five additional people and secure the future of three existing staff.
“The investment fund will allow us to recruit legal professionals as well as administrative roles to support the infrastructure.
“The loan application process with BCRS was painless. Andrew from BCRS took the time to understand the business and what we were trying to achieve. It looked more like a partnership than just an application form. »
Andrew Hustwit, Business Development Manager at BCRS Business Loans, said: “We are delighted to have provided the funding Maxima Creditor Resolutions needs through the MEIF WM Small Business Loan Fund and the Staffordshire & Stoke on Trent Loan Fund to achieve their goal. growth projects.
“As a lender that provides funds for intentional social and economic impact, it’s great news that five new jobs are being created by Maxima Creditor Resolutions.”