Alexander Mann Solutions secures funding package to drive growth.

Global push.

Alexander Mann Solutions has secured a significant syndicated working capital funding package from Lloyds Bank and HSBC to expand its client base and grow its global footprint. The working capital funding package will enable Alexander Mann Solutions to continue its growth trajectory and further enhance its suite of solutions for clients, helping to cement its position as the largest global provider of talent acquisition and management services by market share.

“Alexander Mann Solutions has built a reputation for being a global industry leader in engaging, motivating and retaining the best talent for its clients,” said Joanne Roberts, interim chief financial officer. “We are now looking to continue to expand our client base, invest in our people and explore new opportunities, both in the home market and overseas.

“Lloyds Bank has provided us with the working capital required to drive growth, and we now have a clear focus on winning new business and widening our global customer base.”

Martin King, director, invoice finance & asset-based lending at Lloyds Bank, said: “For companies who are looking to drive and accelerate growth, working capital is essential. The funding package provided to Alexander Mann Solutions has given the business the capacity to invest in its future and continue to develop its leading talent management solutions without impacting its day-to-day cashflow.

“The business is another great example of the type of firm we’re proud to work with, providing them with a relationship-led approach to financing and long-standing sector expertise. We’re committed to helping firms across the UK prosper, which is why we’ve pledged to lend £2.6 billion to businesses in the capital this year, enabling us to support them throughout every stage of their growth journey.”

The funding package is a syndicated facility from Lloyds Banking Group and HSBC.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More