Lease 360 Evolution has received a £350,000 equity investment from Partnership Investment Finance.

The development capital will help the company expand into several new business areas.

The company currently provides fleet management and maintenance services for clients with fleet sizes of up to100 vehicles.

The firm also offers automotive finance, leasing and other fleet management services to large and medium corporates and the public sector.

Managing Director Mike Midgley said: “Because we offer white label services we aren’t a household name, so this investment will help us make sure our target market is aware of the bespoke services we offer.