Digital recruitment company receives £850k funding line
Leading independent SME funder, Bibby Financial Services (BFS), has provided a £850,000 funding facility to innovative recruitment specialists, MBA and Company Consultancy Ltd, trading as Talmix.
The London-based business utilises data driven technology to connect talent with businesses, helping build the workforce of the future. Talmix has over 60,000 users across 150 countries, enabling them to bring highly-skilled talent to every industry around the world.
BFS’ Corporate team was introduced to the business to support the company’s cashflow across its international territories. Corporate manager, Tom Stewart, worked closely with the team to swiftly structure a bespoke funding package to support Talmix’s global operations. The £850,000 facility will unlock the working capital required to support the company’s ambitious growth plans in overseas markets.
Sandeep Dhillon, CEO, Talmix, commented:
“We’re committed to driving our talent acquisition offering into new regions internationally, so it’s crucial we have the funding in place to support our ambitions. The funding from BFS gives us the security and working capital we need to push forward and achieve our goals. We were super impressed with the team’s understanding of our business and how quickly they were able structure a flexible facility that met our needs.”
Tom Stewart, corporate manager, Bibby Financial Services, said:
“Talmix is an exciting, innovative business and we’re delighted to support their ambitious growth targets. The new funding will boost the company’s cashflow, providing Sandeep and the team with the on-going working capital they need to connect more highly skilled professionals with job opportunities on a global scale. We look forward to working with them on their growth journey.”