The three-year banking facility will contribute towards funding existing and future business across Blemain Finance, Cheshire Mortgage Corporation and Lancashire Mortgage Corporation.
Gary Bailey, director of Blemain Group, said: “This exciting announcement reflects our commitment to growth and will have a positive impact on all of the markets that we participate in.
“Continuing to support our brokers and key partners in the secured residential and commercial secured loan, mortgage and bridging finance markets, is essential to our strategy and enabling them to seize opportunities.”
And he added: “We are now well positioned to progress our strategy as a major force in the relevant markets.”
