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Tooling firms across England urged to apply for funding from Finance Birmingham

For many toolmakers and component manufacturers, it can be difficult to access the capital required to realise their ambitions. To address this issue, Finance Birmingham – a national provider of growth capital to SMEs – manages a £24 million Tooling Loan Fund to support the design, development and manufacturing stages of England's tooling sector.

With £10 million of funds still to be invested, companies are encouraged to visit the Finance Birmingham website for more information on how to apply. Finance is available to companies throughout England, which can apply for loans between £50,000 and £1 million to fulfil their future ambitions.