Member Article

Sheffield’s Dutton International secures £8.5 million funding from RBS

Sheffield-based Dutton International has secured funding facilities totalling £8.5 million with the Royal Bank of Scotland.

Based in Sheffield, Dutton International specialises in providing permanent and contract personnel of all disciplines to companies involved in the construction, engineering, petrochemical, power generation, nuclear engineering and associated industries.

The firm supplies staff to companies located throughout the country, and has branches in Aberdeen, Cardiff, Hull, Leeds, London, Sheffield and Stockton

The facilities include a £6.5 million refinancing package from RBS Invoice Finance and £2 million of new funding to support acquisitions and managements strategic plans.

In addition to growing the business organically, Dutton International is also looking at opportunities for acquisitions which will enhance its services.

Matt Davison, managing director of Dutton International, said: “As a business we continue to grow as the national economy continues to recover. We are committed to providing businesses with outstanding personnel who fit the needs of a firm or a project. We have a vigorous recruitment process and also have an ongoing appraisal process to ensure the development of contract staff for the future.”

Andy Croasdell, relationship director at RBS, said: “It’s an exciting time for Dutton International as the business looks to expand through business growth opportunities. I was delighted to support Dutton International and I look forward to working with the business and seeing continued success in the future.”

This was posted in Bdaily's Members' News section by Clare Burnett .