A provider of medical records pagination and interpretation services to the clinical negligence legal sector has secured a new six-figure funding package.

Solihull-based Kingsbury Pagination has struck the deal with specialist lender and savings bank Aldermore.

Kingsbury Pagination was established in 2011 by former solicitor Emma Coley and assists law firms handling clinical negligence claims with the organisation and interpretation of the medical records of their clients.

The business has grown steadily over the past three years, with turnover increasing fivefold during the last 18 months.

Headcount at Kingsbury has risen from five staff at the start of 2015 to 15 and the new, undisclosed funding from Aldermore will be used to grow the payroll further.

Ms Coley said: "The growth we have achieved at Kingsbury over the past 18 months has been amazing and, now that we have the finance package in place, we are able to push on with our expansion plans.

"We have already invested in better IT systems and increased headcount by 40 per cent.

"With our turnover continuing to grow rapidly, and with the comfort of finance in place, we have further expansion plans over the next few months."

Mark Williams, business development manager for invoice finance at Aldermore, added: "Kingsbury has seen phenomenal growth in the last few years.

"Due to the particular nature of their offering, they required finance to fund their expansion while continuing to help their law firm clients with their cash flow.

"Having reviewed their business plan and met the management team, we could quickly see that this was a very well organised company, as well as the tremendous further potential that existed if they were able to access funding."