Sammons Recruitment has launched a new technology division and expanded its existing businesses with the support of an £845,000 funding package from HSBC UK.
The family-run business, founded in 1957, has offices in Essex, Eastbourne and Hastings and was sold to father and daughter Martyn and Harriet Smith shortly before the start of the pandemic. COVID-19 temporarily reduced trading and initially slowed down their plans for growing the company. The funding from HSBC UK has now enabled their expansion plan, coupled with employing nine new team members across the group. They plan to next grow the new technology division from its current pilot stage with one member to a team of up to five.
Harriet Smith, Chief Executive Officer at the Sammons Group, said: “We are very thankful for the help provided by our Relationship Manager, Graham Lee, who supported the business throughout the pandemic and enabled the group’s growth via the funding package. Our next step is to expand by opening a new office in London, so we can take advantage of the strong contacts our team members already have in the area.”
Graham Lee, Relationship Manager at HSBC UK, added: “Sammons Recruitment has been a longstanding customer of HSBC UK since its inception over sixty years ago. We’re delighted to have helped the business bounce back after the pandemic, and to have helped in the creation of up to 13 new jobs for the local communities across Essex, Eastbourne and Hastings.”
The company now has three divisions: Occupational Pensions Recruitment which operates from its Essex office, as well as Recruitment Solutions and Technology Recruitment, which both operate from its Eastbourne and Hastings offices.