NEW jobs are expected thanks to a five-figure investment from the North-East Small Loan Fund.

Newton Aycliffe company, Think Eleven, was awarded with £50,000 through a regional fund management firm to support improvements to its business development and sales, at least three new jobs will be created as a result.

The business specialises in helping other companies improve their organisational performance.

Darren Race, managing director at Think Eleven, said: "Enhancing our business development and sales resources and applying what we learn through the RTC Scaleup Programme will help us increase the speed at which we can grow, and we’re expecting to see new clients and more North-East jobs following in the future as a result.

"We looked at various options for bringing in the capital we required and the North-East Small Loan Fund offering was by far the best fit with our needs. The team invested time getting to know the business."