Congleton-based award-winning marketing agency; TMC Strategic Communications, has received a £250,000 investment from NPIF – FW Capital Debt Finance, which is managed by FW Capital and part of the Northern Powerhouse Investment Fund (NPIF).
TMC has seen exceptional growth over the last 18 months and continues to deliver highly effective solutions to the Healthcare, Technical and Professional Services sectors for clients across the UK, Europe and North America.
With a multi-disciplinary and full service offering, TMC goes beyond traditional marketing services to create lasting positive impact, uniting pioneering companies with global audiences to educate, inspire and empower.
Led by Chartered Marketer Tim McCloud and Dr Jan McCloud Ph.D, Cheshire-based TMC has over 16 years’ experience in helping organisations achieve their commercial goals.
TMC will use the NPIF – FW Capital funding as working capital and to support the development of a new North West headquarters, designed to accommodate the continually growing team. In addition, the NPIF investment has allowed for the recruitment of six additional roles to support the wealth of new clients.
The deal was facilitated by FW Capital Senior Investment Executive Simon Berry.
Tim McCloud, TMC Managing Director, said: “Enabling us to accelerate the next phase of our growth ambitions, we have found that FW Capital are equally committed to our business goals and have already provided valuable expertise. We are grateful to Simon Berry and the FW Capital team for the investment into this exciting new chapter for TMC.”
FW Capital Senior Investment Executive Simon Berry said: “TMC is a very innovative and fast-growing company with a strong management team. We are delighted to have been able to support them with this investment.”
FW Capital provides loans of £100,000 to £750,000 to businesses based in the NPIF region with a focus on the North West, Cumbria and Tees Valley.
Andy Devaney, Business Innovation Director at Cheshire and Warrington Growth Hub, said: “It’s fantastic to see TMC gaining this investment and helping to move their growth plans forward. They are an innovative company in our creative and digital sector, and we look forward to the full opening of their new Congleton HQ.”
Sean Hutchinson at British Business Bank, said: “The Northern Powerhouse Investment Fund continues to provide crucial funding to Northern businesses, creating impactful change for companies looking to move to the next stage of their growth journeys. Thanks to investment, businesses like TMC are able to open new premises, provide better support to their clients and fulfill their growth potential – a key focus of the Fund.”
The Northern Powerhouse Investment Fund project is supported financially by the European Union using funding from the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020 and the European Investment Bank.
