Midland manufacturer Cube Precision Engineering has secured a £200,000 investment from Finance Birmingham.
The funding will enable the engineering firm to finance production of new tooling for the bumper on the new Land Rover Discovery.
The funds will also create two new jobs within the toolmaking department,a move which is key to the success of the project.
Established in 2009, Cube Precision employs more than 45 people at its base in Rowley Regis. The business serves international clients across a range of sectors including automotive, aerospace and defence.
The backing has been provided by Finance Birmingham as part of its £24 million Tooling Funding Programme, supported by the Regional Growth Fund.
Steve Hetherington, investment director at Finance Birmingham, said: “Cube Precision is a prime example of the high calibre of manufacturing in the Midlands.
“It is working on cutting edge projects with national and international clients and after achieving hugely successful revenue of £4.5m in 2014, the potential for its continued growth is evident.”
Neil Clifton, director of Cube Precision Engineering, said: “Securing tooling funding from Finance Birmingham has been the key driver to enabling organic growth in our business.
"The ease of access to the funding has meant that we were confident of taking on new work and employing new staff on the basis our cash flow throughout the payment terms of the project would be supported.
"Through this deal we can forge relationships with companies like Jaguar Land Rover and expand our portfolio to win further contracts.”