Mach Recruitment, a Leeds-based specialist recruitment company focusing on the ecommerce and food sectors, has secured a £45 million invoice finance facility from Metro Bank.
This new financing is set to bolster Mach Recruitment‘s acquisition strategy and growth objectives, providing the funding necessary to sustain its dynamic and entrepreneurial expansion.
This finance package enables Mach Recruitment to pursue its long-term growth ambitions and diversify its market presence. Metro Bank‘s tailored invoice finance package will provide the financial flexibility needed for Mach Recruitment to expand dynamically in its market.
Collaborative Effort with Financial Advisors
The financing agreement was facilitated with the support of Mazars Debt Advisory, which advised Mach Recruitment throughout the process. Metro Bank received guidance from European Valuation and Shoosmiths to bring this significant deal to fruition.
Leadership Perspectives on the Partnership
Tom Zyzak, CEO of Mach Recruitment, expressed enthusiasm for the partnership with Metro Bank, emphasizing the bank’s professionalism and tailored approach in crafting a financing solution that aligns with Mach Recruitment‘s requirements. This collaboration is expected to enable Mach to be more agile and opportunistic in its sector.
Alan Austin, Metro Bank‘s Head of Asset Based Lending, highlighted the bank’s commitment to providing bespoke financing tailored to Mach‘s current and future needs. He anticipates a fruitful long-term partnership that will help Mach Recruitment achieve its growth aspirations.
Josh Thorneycroft, Director of Debt Advisory at Mazars, commended Mach Recruitment‘s management team for their vision and Metro Bank for its flexibility during the competitive selection process. He expressed optimism for the success of this partnership in supporting Mach Recruitment‘s future growth.
About Metro Bank
Metro Bank serves over three million customer accounts and is known for its exceptional customer experience. It holds a top rating among high street banks for personal and business customer service in the Competition and Markets Authority‘s Service Quality Survey.
The bank has received numerous awards, including “Large Loans Mortgage Lender of the Year” in the Mortgage Awards for 2023 and 2024, and “Best Lender of the Year – UK” in the M&A Today Global Awards, among others.
Metro Bank offers a comprehensive range of retail, business, commercial, and private banking services. The bank maintains a strong commitment to community and customer service through its network of 76 branches, UK-based contact centers, online banking, and award-winning mobile app.
Compliance and Regulation
Metro Bank Holdings PLC is the holding company of Metro Bank PLC, which is authorized by the Prudential Regulation Authority and regulated by the Financial Conduct Authority. It emphasizes its independence as a UK bank and is not affiliated with any other bank globally.
