A MOBBERLEY imaging specialist has secured a new £4.95 million finance deal.

Harman Technology, in Ilford Way, has struck a deal with Venture Structured Finance which will enable it to expand into medical applications.

The 132-year-old company plans to expand and diversify the business through the development of its expertise in silver, a key component in the photographic process.

Harman has developed methods to harness silver’s properties, for use in products such as plasters and sportswear as well as in medical diagnostics.