The "Image, Text and Link" element is also an info box, that is often used on the start page or as a promo box in a right hand column on subpages. The element can be found below 'Content elements' when creating a new element. (1.2.1)
In the 'General' tab you can see that the content element type 'Image, Text and Link' is selected (1).
The element uses the regular header field (2) and a text field (3), which is a plain text field, and it is not possible to format this text with row breaks, linked text or any type of text transformation. Below the text field you can find the link field, where you can insert the link target (4). (1.2.2)
Further down you have some additional settings, with options to make the whole element as an area link, show the link as a button and also add a hover effect. (1.2.3)
For this type of element you are also able to add an image by moving on to the 'Images' tab and clicking 'Add image'. The image is selected from the filelist. (1.2.4)
After uploading the image, it is also possible to crop the image by selecting the 'Open Editor' button (5) inside the image information. (1.2.5)
In the window, which opens after clicking 'Open Editor' you can select the ratio (6) and the area you wish to crop, and confirm it with the select button (7). (1.2.6)