Nine Twenty secures loan from IGF Group for job creation and office expansion
IGF, a commercial finance provider for SMEs, has provided a £500,000 asset based lending line to Nine Twenty, a Glasgow-based technology recruiter, to support the company’s extensive growth period.
Nine Twenty says that the loan has created significant recruitment opportunities, with the company currently finalising three senior appointments and opening a new office in Edinburgh in 2017. This forms part of the company’s wider expansion programme, focussing on its three main divisions; technology, engineering & manufacturing and professional services.
Alan Anderson, director of Scotland at IGF Group, said, “Nine Twenty has an impressive reputation and ambitious growth plans, and has recognised the importance of buying in to its people in order to expand sustainably. We’re extremely pleased that IGF Group could provide not only the finance, but also the advice required to make this a reality.”
Gordon Brown, CEO of Nine Twenty, commented, “IGF Group was a natural choice for us, as we were looking for a business partner, not just a financier. Having the whole team sitting alongside us on our journey to growth has been an enjoyable and exciting experience, providing the support and guidance we have needed.”