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Staffing firm Harvey Nash (HVN:LSE) has increased its funding facilities with the Royal Bank of Scotland Group in expectation of strengthening global recruitment markets in 2013. The recruiter has increased capacity from £40 million to £52 million “to capitalise on strong business momentum in 2012” and further growth opportunities.
The deal has been designed for Harvey Nash's international businesses and not just for its UK operation.
“Harvey Nash has delivered consistently strong growth through challenging market conditions. The firm remains a leading global recruitment brand with significant international experience in the technology and telecoms sectors,” said Gareth Thompson, from RBS Corporate & Institutional Banking.
Earlier this month, Harvey Nash said it expected its 2012 financial results to be ahead of expectations.