New jobs created as Leeds recruitment firm expands into Midlands market

TSA, the Leeds-based recruitment company, has expanded into Birmingham with support from an Invoice Financing funding package worth £4m from HSBC.

Since launching in 2012, the business has focused on recruiting professionals in the construction, property and civil engineering industries.

After securing financial support from HSBC, TSA has now opened a new office in central Birmingham.

The office, located in Digbeth, will allow TSA to consolidate its presence in the region’s civil engineering market, specifically in highways and infrastructure sectors. Having a presence in Birmingham is also part of TSA’s strategy to capitalise on the rail sector within the Midlands.

The office is expected to create 10 new jobs over the next 12 months, while managing over 100 freelance staff and securing further permanent placements in the area. Overall, TSA expects its turnover to increase by 108% over the next three years.

Mike Swift, HSBC area director in West and South Yorkshire for mid-market enterprises, said: “TSA is a fine example of a dynamic company looking to expand into new markets within the UK.

“With the Invoice Financing package, TSA will have the support to manage its day-to-day business operations and fund the company’s new Midlands office, which was identified as critical to its ambitious strategy.

“We are looking forward to seeing further growth in turnover and jobs creation in the coming years.”

Richard Dobson, joint managing director of TSA Ltd, added: “TSA started trading four years ago in the tough economic conditions after the recession and despite this we have continued to grow rapidly.

“We uphold a ‘people before profit’ ethos throughout our business and we maintain that work should have a positive impact on people’s lives. This forms the cornerstone of our organisation.

“Our new partnership with HSBC will allow the business to access financial support that will allow us to continue with our ambitious plans to increase turnover and enter new markets.”

The deal was arranged by Sarfaraz Akram, relationship director for mid-market enterprises.

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