question : 1.1 Problem and Issues? 1.2 Thesis Statement? (Identify the key problems and issues in the case. Formulate and include a thesis statement)

CASE STUDY 2 - Middleton Murray Recruitment Solutions (MMRS) RBS Backs Middleton Murray with Invoice Finance solution. RBS has supported recruitment company Middleton Murray Recruitment Solutions (MMRS) with a new invoice finance line that converts their invoices into cash. MMRS is the brainchild of entrepreneur Angela Middleton. Having worked at BP Oil and The Woolwich for 17 years and then left in 2001 to spend time with her children, Angela decided to set up her own business that would give her the flexibility she was looking for as a mother. During her time at BP and Woolwich, Angela had valuable exposure to the recruitment sector by employing several consultants, and soon after starting the business in 2002 she employed her sister-in-law, Lisa Murray, who had 10 years' experience as a recruitment consultant, as Director. MMRS covers a wide range of sectors including education, IT, accountancy and building to name but a few. Over the past couple of years, Angela noticed an increase in contract business and looked for a bank that could find a working capital solution to help the business respond to this change. Richard Hanson at RBS Invoice Finance was happy to put together a finance package that included the invoice finance line. Angela Middleton, Owner and Managing Director at MMRS, said: We have responded to the changing market and worked with RBS to put in place the invoice finance arrangement which effectively allows us to turn our invoices into cash, releasing working capital for further growth. The new arrangement works well for us and we're thankful to Richard Hanson at RBS Invoice Finance for finding us a flexible solution and putting it in place so quickly. Richard Hanson, Business Development Manager, RBS Invoice Finance, added: Although the recruitment sector generally has suffered due to the current economic climate, MMRS are bucking the trend thanks to their wide sector spread and strong management team. They have enjoyed consistent turnover and profit levels over the years and because they've adapted their business plan, this is set to continue. Invoice finance is a particularly good fit for recruitment companies and MMRS is an excellent example of how it can help during these difficult times