Recruitment firm restores link with BFS with £1.5m funding line

The Liverpool Recruitment Company, which specialises in engineering, nuclear, manufacturing, rail and other highly skill sectors, has returned to Bibby Financial Services to fund the next stage of its growth with a £1.5m funding line.

The firm first worked with BFS to grow in its early years and turnover almost doubled in that time. It is less than a year since it last worked with BFS.

The Liverpool Recruitment Company managing director Darren Fulton 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.”