Bradford-based Advanced Dynamics, a supplier of packaging machinery, is gearing up for growth with the help of a £200,000 loan from Mercia Debt Finance.

This will allow the company to increase its stock levels and boost sales to businesses that need to access new machinery within short timescales.

It supplies automated liquid filling, capping and labelling machines that are used to produce everything from tubs of face cream and bottles of shampoo to large containers of industrial chemicals.

Established in 2005 by managing director Malcolm Little, who had previous experience in the packaging industry, Advanced Dynamics now employs 16 people and expects to create three new jobs this year (www.advanceddynamics.co.uk).

Mr Little said: “Deliveries of new machines can typically take three to four months, if they are manufactured to order.

“However, customers sometimes need a machine immediately to enable them to speed up production or take on a new contract.

“This funding will allow us to keep extra stock of popular models and make sales that we would not otherwise have had.”

Jonathan Craig, Mercia’s senior investment manager, said: “Advanced Dynamics is an established and well-run business that has embarked on a growth programme.

“In particular it has identified opportunities to boost sales by increasing stock levels; the funding will provide the working capital it needs to do this.”