TSA has expanded into the Midlands with support from an Invoice Financing funding package worth £4 million from HSBC.
The new office, located in Digbeth, will allow the firm to consolidate its presence in the region’s thriving civil engineering market, specifically in highways and infrastructure sectors. The new office is also fundamental to TSA’s strategy to capitalise on the booming rail sector within the Midlands, which could be further enhanced by the prospect of work starting on HS2 in the next decade.
The new 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 Directors at TSA expect company turnover to increase by 108% over the next three years.
Richard Dobson, Joint Managing Director of TSA Ltd, said: “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.”