Birkin Group has secured a growth loan from the alternative lender, BOOST&Co, as well as a flexible invoice discounting (FID) facility from the lender’s sister company, Growth Lending. The loans offer a tailored funding solution to Birkin Group that is expected to create new jobs across the organisation and enable the business to invest in new technology.
Kim Martin, head of the south and midlands at BOOST&Co, said: “We are absolutely delighted to support Paul, Tyrone and the rest of the team at Birkin Cleaning Services on this deal. The business has demonstrated strong financial performance and is ideally placed to maximise the opportunities presented by the current environment and the need for enhanced cleaning and sanitisation.”
Paul Ashton, CEO at Birkin Group, said: “Working with both BOOST&Co and Growth Lending made sense, as both lenders have worked collaboratively to understand our proposition and drive to achieve growth. Our business has continued to innovate and this funding enables us to push this growth further, bring new team members on board and invest in more technology to support the facilities management market that we operate in.”
www.birkingroup.co.uk
www.boostandco.com
Birkin receives funding ‘Boost’
Published 11th April, 2022 by Neil Nixon
