Lloyds TSB Commercial Finance in the Midlands is celebrating after completing its 100th deal this year.

The Birmingham-based team, which last year lent over £118 million to a wide range of businesses throughout the region, is ahead of target to beat its record of 200 in 2005.

In its latest transaction, the Birmingham team has provided a six-figure invoice discounting facility for Contrapak.

The Hereford-based firm provides design and packaging facilities for some of the UK's largest companies, and required additional cash for expansion.