Leumi ABL supports innovative new recruitment business

Twenty Recruitment launched in January 2009, at the bottom of the downturn and have already attracted some of the best recruiters away from many of the big names in recruitment.

Set up by industry experts Paul Marsden and Adrian Kinnersley, Twenty Recruitment is a professional multi sector recruitment consultancy dealing in both temporary and permanent placements. Backed by a multi million pound personal investment, Twenty has the funding, infrastructure, branding and drive to support a 100+ headcount as soon as they can find the talent.

Paul and Adrian’s investment into Twenty Recruitment came from the proceeds of the sale of their former business, Astbury Marsden, having called the top of market perfectly. Seeing that the market was bottoming out, they knew it would be a fantastic time to attract talent from well renowned but overstretched recruitment organisations.
Leumi ABL is supporting Twenty’s aggressive growth strategy by providing a £750k confidential invoice discounting facility to meet their working capital requirements. Adrian Kinnersley, MD at Twenty Recruitment is positive about the support from Leumi ABL: “Everything was very straightforward, the deal was structured promptly and Kai Hunter was professional and affable throughout the negotiations.”

Kai Hunter, Leumi ABL Regional Sales Manager, comments: “Twenty Recruitment has established a strong brand within the recruitment industry from the very beginning. With the economy in such a pronounced downturn there is much potential growth in recruitment as the economy begins to recover and the team at Twenty are extremely well placed to innovate and exploit that growth successfully.”