Smethwick-based MMF Group is looking to continue its expansion following an asset backed funding package from Enterprise Finance Europe.
MMF employs 55 people and is a major distributor and manufacturer of commercial flues and chimneys.
Established more than 30 years ago, the company has a £5.7 million turnover.
Recent projects include working with British Aerospace, Burmah Castrol, Canary Wharf, Vauxhall Motors and Millennium Point. The company also supplies all the major builders merchants groups in the UK.
Its range of products include boiler flue systems, fan systems, mast structures, chimney liners, generator exhaust flues and commercial kitchen canopies.
Dave Thomas, MMF's managing director, said the funding package would enable the company to focus on growth.
"EFE grasped the seasonal nature of our business and structured the package accordingly."
Enterprise Finance Europe associate director Peadar O'Reilly, who led the deal, said: "This was an excellent opportunity for EFE to provide a fully asset backed facility, incorporating invoice discounting, property, inventory and plant & machinery to a successful Midlands manufacturing company with a very strong management who are really delivering in a market going through challenging times."
Carol Betts, of Gateley Wareing, advised Enterprise Finance Europe.
