Liverpool-based recruiter returns to Bibby Financial Services for a £1.5m funding line
The Liverpool Recruitment Company, which specialises in the engineering, nuclear, manufacturing, rail and other highly skilled sectors, has returned to BFS to fund its growth less than a year since last working with them. The firm first worked with BFS to grow in its early years and turnover nearly doubled during that time.
Darren Fulton, managing director, The Liverpool Recruitment Company said:
“We have worked with BFS since 2009 when we relied on BFS to fund our early growth. Since then we’ve grown significantly and we are once again turning to BFS to fund the next stage of our journey.
“It has been really valuable for us to have a funding partner that understands our business, who can step in and help us realise our ambition to expand even further.”
Luke Fitzsimmons, corporate manager at Bibby Financial Services, said:
“Businesses like The Liverpool Recruitment Company need to be able to draw on a large cash flow supply given the nature of the temporary recruitment sector and we were only too pleased to be able to meet their funding needs. At BFS we understand the pressures and challenges that recruiters face, not only in their early development years but also when they become established businesses with many clients on their books.
“We’re proud to be able to once again support a local Liverpool business. Darren and his team have developed a really strong, established presence in the recruitment sector and it is wonderful to be working with them again.”