Marketing comms group lands funding for contracts drive
A Dudley based marketing communications firm has secured a £52,000 funding package to take on new contracts and employ an additional member of staff.
Media Group secured finance from the Midlands Engine Investment Fund, MEIF Small Business Loan Fund, managed by BCRS Business Loans, and by the Recovery Loan Scheme (RLS).
Media Group said it required a funding boost after experiencing an increase in demand following the disruption initially caused by the pandemic.
Christopher Taylor, director at Media Group, said: “After securing MEIF funding from BCRS, we will now be able to action our growth plan.
“This will not only allow us to invest in smart marketing technology which will save time, money and provide real-time results for our clients, it will also enable us to employ an additional team member.
“A new dedicated content specialist is key to our growth plans as we intend to enhance our content management offering, which a number of clients have already expressed an interest in.”
Louise Armstrong, senior business development manager at BCRS Business Loans, said: “I am really pleased that we were able to provide the funding that Media Group needed to make its exciting plans for the future a reality. As a lender dedicated to social and economic impact, we are also delighted that an additional job is set to be created in the local area.
“We are committed to supporting businesses that are unable to tick all of the boxes at other lenders and offer a human approach to lending where we base our decisions on the business rather than a computerised credit score.”