It has added The Finance Connection Limited from Solihull and 1st Mortgage Solutions UK Limited based in Bristol to its panel.
In addition ten larger intermediaries who will prepare their own cases for offer are being given direct access to Business Lending.
Business Lending believes it is time to increase the number of packagers so as to get a wider geographical spread. The intermediaries who will be able to package direct already have an infrastructure in place to allow them to package directly and will not have been involved with any of Business Lending’s existing packaging partners.
Kevin Cooke, sales director at Business Lending, said: “This strengthens our distribution without taking anything away from our existing packager partners. BL have some exciting innovations to unveil over the next two months and this step to expand our distribution is being taken to enable us to make the most of the changes when they arrive.”
Mark Flowers, managing director of The Finance Connection Ltd, said: “Having been in commercial lending for over 20 years, it is good to welcome a lender like Business Lending with such a fresh approach. We are delighted to join Business Lending’s panel and I am sure that our intermediary introducers will benefit from the new relationship.”
