A York accountancy firm has secured a six-figure loan from NPIF II – Mercia Debt Finance, which is managed by Mercia Debt as part of the Northern Powerhouse Investment Fund II (NPIF II), to support its continued growth following its acquisition of another local practice.

The Fulford-based firm has recently doubled in size with the acquisition of Sunley & Co in Acomb. The two practices – which between them employ 12 staff and serve around 800 clients – will continue to operate as separate brands under the direction of Change Accountants’ founder Stacey McVeighty.

The funding will enable her to strengthen the management team and invest in technology and training to continue the growth of the business.

A qualified accountant with over 25 years’ experience, Stacey established the practice in 2014. Change Accountants has been paperless from the start, and prides itself on keeping up to date with the latest technology and on being a fair employer, offering staff benefits such as unlimited holidays.

In addition to the standard services such as accounts, tax, VAT and payroll, it produces specialist data to enable clients to create reports such as carbon calculations to comply with the requirements of tender frameworks.