A Birmingham solicitors firm has purchased a new premises in Hockley and created six new jobs with the support of a £180,000 loan from Lloyds Bank Commercial Banking.
Established in 2014, Jacobs Law Solicitors works with clients across the Midlands and specialises in commercial, immigration, family and criminal law.
After outgrowing its office on Corporation Street, the business approached Lloyds Bank to support the purchase of a larger premises. Spanning two floors, the new office has nine rooms, client-friendly meeting rooms and on-site parking giving the firm the capacity to increase its headcount from three to nine.
Asead Yakoob, director at Jacobs Law Solicitors, said: “Following the move to our new offices we are now a nine-strong team. We can proudly welcome our clients in for meetings and it’s great to have much more space and on-site parking.
“The support from Lloyds Bank has been essential in helping us to begin this phase of our expansion plans, and we can now look to growing our client base in line with our growing headcount.”
Kulvinder Lall, relationship manager at Lloyds Bank Commercial Banking, said: “Professional practices are an integral part of the region’s economic activity and as confidence in the sector continues to rise, firms like Jacobs Law Solicitors will look to expand.
“At Lloyds Bank we are committed to supporting ambitious management teams, which is why we’ve pledged to grow our net lending by at least £1billion to SMEs every year until the end of 2017.”