Blemain Finance has enjoyed three successive record months as a lender on the panel of Watford-based Money Debt and Credit Ltd.
MD&C is a financial solutions business for it’s customers and intermediaries, specialising in secured loans, debt management and individual voluntary arrangements.
The success of the partnership is reflected in the current, market wide uptake in secured loans; with reduced interest rates and the high cost of traditional high street borrowing and remortgage arrangements, fuelling the uptake in products from niche lenders.
Having Blemain Finance on their lender panel has allowed the business to offer financial solutions to suit a wide range customers; including those with non traditional property types, heavy adverse and varying income sources.
Luke O’Sullivan, head of secured loans at MD&C said:
“We added Blemain Finance to our lender panel because of its unparalleled 35 year record of offering secured loans. As a relatively new entrant to the market we, MD&C are paying highly competitive commission’s on Broker to Broker business as a way of encouraging further growth from this source.
"It is important for the business to have a recognised and flexible lender like Blemain Finance on our panel.
“Blemain Finance suits our brokers and the needs of their customers perfectly.
"Our clients range from prime to adverse in status and Blemain Finance’s innovative and flexible products are suitable for residential and semi-commercial finance, employed, self employed and those customers receiving benefit’s, we can also assist clients needing small business loans and buy-to-let second charges.”
Gary Bailey, director, Blemain Finance, said:
“Money Debt and Credit Broker Club is an innovative and flexible financial solutions company, and we are pleased to be working closely with them and continuing to enhance our relationship as a key lender on their panel.
“We look forward to the continued success.”
