Alliance Member, eCom Scotland, have announced plans to double it's staff numbers to 40, with an expectation that this will raise turnover to £1.6 million, up from £800,000 in the 2013 financial year.

The move is supported by a £100,000 loan from Royal Bank of Scotland through the government-backed Enterprise Finance Guarantee scheme.

Managing director Wendy Edie said new staff usually spend three months in training before taking on client-facing work, creating a lag between the costs of hiring these people and the revenues they generate. The loan will allow eCom to bridge that gap.

She added that the additional working capital would not only allow eCom to hire new people, but also “put them through the specialised training process which is essential with a business like ours”.

Steven Hunter, relationship manager at RBS, said: “ECom is a growth focused business. When you combine this with their strong reputation in the market, excellent client base and the ongoing rise in the use of e-learning across the corporate community you have a business with real scope for development and further success.”

Full story at The Scotsman.