A Birmingham-based communications agency has built larger premises and is introducing new services after securing a £1.6 million funding deal.
Jones and Palmer, in Carver Street in the Jewellery Quarter, is a family-owned business which was originally established in 1906 as a printing company.
Over the past 15 years, it has developed its services to offer corporate communications to clients such as water firm United Utilities and clothing group Superdry.
Managing director James Houston, whose grandfather bought Jones and Palmer in the 1950s, wanted to secure new finance after the business outgrew its previous site.
The £1.6 million deal with Lloyds Bank, which included a £750,000 working capital facility, has enabled the business to complete its new premises, The Media Works.
This has given the agency the space to continue its expansion and provide a wider range of services including brand development consultancy.
It is also looking to rent the remaining offices in the building to other creative businesses in the area.
Jones and Palmer has an annual turnover of £3.5 million and currently employs 52 people but is looking to expand its team in the future as the business continues to grow.
Mr Houston said: "The expansion of our premises and introduction of new services is a positive step forward in expanding our growth and maintaining our competitiveness in a crowded market.
"We've been growing organically over the past few years but, with our impressive new work space, we're looking to further accelerate this growth and attract like-minded, creative businesses to The Media Works."
Darren Billinge, relationship director at Lloyds Bank Commercial Banking, added: "It's great to see Jones and Palmer flying the flag for businesses in Birmingham and investing in growth."