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Toye Kenning & Spencer secure £1M funding

The Midlands Engine Investment Fund Debt Finance, managed by Maven Capital Partners, has provided Toye Kenning & Spencer Limited, the oldest continuously operating company in Birmingham, with a £1 million loan to invest in equipment, improve facilities and support growth of the business. Established in 1685, Toye manufactures a range of medals, regalia, bespoke jewellery, badges, including coloured ribbons, braids and laces, used in the production of ceremonial uniforms and gowns. The firm has held a Royal Warrant to the British Royal Family without interruption since the reign of Queen Victoria to the current monarch Queen Elizabeth the II. Toye