Tower Staff Construction receives Lloyds Bank investment
Wed, 4 Jun 2014
Tower Staff Construction, the provider of staff for permanent and temporary assignments in the building industry, has taken the business independent and is investing in new premises, with the support of Lloyds Bank.
After successfully operating as a specialist construction wing within a number of recruitment firms, managing director Gary McMullen decided to turn Tower Staff Construction into a stand-alone business in its own right in March.
Following an increase in temporary staff placements, the company approached Lloyds Bank for a £250k invoice discounting facility that enabled them to free up cashflow without waiting on payment from clients.