Building a More Resilient Recruitment Business

CRG Tec Recruitment | UK & U.S. Funding & Back-Office

Transferring from self-funding to a scalable, cash-rich model

As CRG TEC continued to evolve, Managing Director Stephen Morris recognised that self-funding was becoming increasingly restrictive. Future ambitions required greater financial flexibility, reduced exposure and a stronger platform for sustainable growth.

By partnering with 3R, CRG TEC strengthened its cash position, improved operational efficiency and built the financial resilience needed to support future expansion.

The challenge

Like many successful recruitment businesses, CRG TEC had initially funded its own contractor book. As the business grew, this tied up valuable working capital and increased financial exposure.

"We recognised that self-funding the business was becoming increasingly restrictive. We wanted to reduce the level of financial exposure within the business, strengthen our cash position and create a platform that would support sustainable growth."

The leadership team set out to find a partner that could provide not only funding support, but also the expertise, systems and infrastructure needed for the next stage of the company's development.

48%

Contractor Book Growth in year one with 3R

5☆

Contractor Portal Rating. "Very quick and efficient"

20%

Q2 Net Fee Income Growth Year on Year with 3R

Choosing the right partner

Following recommendations from within the recruitment industry, CRG TEC evaluated several providers before selecting 3R.

"3R came highly recommended through several recruitment founder communities that we're actively involved in. We met with four potential suppliers as part of our selection process, but 3R's partnership approach and the quality of the people we met really stood out.

What gave me the greatest confidence was the longevity and stability of the team. It was clear we'd be working with experienced professionals who understood the recruitment sector and were genuinely invested in building a long-term relationship, rather than simply providing a service."

3R-CRG-TEC-Partnership

A smooth transfer from self-funding

Moving a critical finance function inevitably brings concerns around continuity, service levels and disruption. However, CRG TEC found the transfer process to be highly structured and well-managed.

"Moving a finance function is never without its challenges, but 3R had a clear implementation plan, kept us informed throughout the process and worked closely with our team to ensure nothing was overlooked.

Communication was excellent from the outset. We always knew what was happening, what was expected of us and what the next steps were.

The reality exceeded our expectations. We anticipated that moving such a critical function would involve some disruption and require a significant amount of management time, but the process was far smoother than we expected."

Delivering more than funding

Beyond strengthening cash flow and reducing financial exposure, 3R has become an extension of the CRG TEC team.

"The team are approachable, responsive and feel like an extension of our own business rather than an outsourced provider. Their experience means they understand the challenges we face and can provide practical advice when needed, particularly around risk and compliance.

I also value the flexibility they bring. As our business evolves, they've adapted alongside us and have been proactive in finding solutions rather than applying a one-size-fits-all approach.

3R's back office provides structure, consistency and efficiency and has improved our finance function greatly.

Their proactive support, responsiveness, and willingness to work with us as our business evolves means we're able to make decisions more quickly."

Smiling-3R-team

Looking ahead

As CRG TEC continues to grow, 3R remains a key part of its plans for the future.

"We see 3R as a long-term partner that will continue to provide the expertise, systems and support needed as the business evolves.

Whether that's supporting growth into new markets, adapting to changes in legislation and compliance, or helping us navigate new challenges, we have confidence that 3R has the capability and experience to guide us."

Talk to us today

Being ex-recruiters, we're always happy to talk! Get in touch with our experienced team to explore a solution that will meet your needs and surpass your expectations.

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