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Mynt Recruitment refreshes its funding from Aldermore Bank

POSTED: 6th September 2016
IN: Newsroom
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Mynt Recruitment, a recruitment business headquartered in York, has agreed a £750,000 combined invoice finance facility from Aldermore, the specialist lender and savings bank.

The business has been supported by funding from Aldermore since it was formed and previous facilities had already enabled the company to expand and open a second office in Hull. The new funding has been used to support the recent opening a third office in Rotherham, South Yorkshire.

Mynt Recruitment, which stands for “Meeting Your Needs Today”, employs 13 members of staff across its branches and some 250-300 temporary staff on a wide range of client assignments across the Yorkshire and Humberside region.

The business was established in 2004 as a part of a national franchise and later became independent in 2009.

Mynt Recruitment sources staff for engineering, manufacturing, production, logistics and warehousing roles within the industrial sectors, as well as administration, legal, finance and sales positions for the commercial sectors.

John Stanton, Chairman at Mynt Recruitment, said: “We’ve worked with Aldermore since we started the business, and the support they have provided has been a key driver towards our success. Expanding into different sectors and regions is crucial in the recruitment business as it helps to broaden both our client base and the number of candidates we work with so that we are able to match the right person with the right job and provide a better service for all parties. Record growth during these last three years has seen our brand go from strength to strength, but the new funding from Aldermore will enable us to continue to expand our range.”

St John Emms, Relationship Manager at Aldermore Invoice Finance, said: “Mynt Recruitment is an ambitious business which has gone from strength to strength since becoming independent. We’re pleased to have already been able to play a part in helping the company to grow and expand into new sectors, and the additional funding we have now provided will allow them to continue their positive trajectory into the future.”

*Ends*

For further enquiries, journalists can contact:

Ian Burge, PR Manager
Phone:             020 3553 4292
Mobile:                        07767 794956
Email:              Ian.Burge@aldermore.co.uk

Constanze Ullmann, Cicero Group
Phone:            020 7297 5978
Mobile:            07741 313 878
Email:             Constanze.ullmann@cicero-group.com

Aldermore

Aldermore Group PLC is a specialist lender and savings bank offering straightforward products to Small and Medium-sized Enterprises (SMEs), homeowners, landlords and individuals, who we believe are often poorly- or under-served by the wider market.

Aldermore has no branch network but serves customers and intermediary partners online, by phone and face to face through its network of regional offices located around the UK.

Building on its core values of being reliable, expert, dynamic and straightforward, Aldermore aims to deliver banking as it should be.

Established in 2009, Aldermore has grown significantly. At the end of June 2016, lending to customers stood at £6.8 billion and customer deposits totalled £6.5 billion.

For more information, please visit www.aldermore.co.uk.

Aldermore Bank PLC is an operating entity of Aldermore Group PLC. In March 2015, Aldermore Group PLC’s shares (ALD.L) listed on the Main Market of the London Stock Exchange.

Aldermore Bank PLC is regulated by the Prudential Regulation Authority and the Financial Conduct Authority and is registered under the Financial Services Compensation Scheme.

 

  • Business
  • Invoice Finance
  • Press Release

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