The Blemain Group has secured a £640 million three-year banking facility to help existing lending and to fund future growth.

The group incorporates Blemain Finance, Lancashire Mortgage Corporation and Cheshire Mortgage Corporation,

“This exciting announcement reflects our commitment to growth and will have a positive impact on all of the markets that the group participates within,” said Gary Bailey (pictured), Blemain Group director.

“Continuing to support our brokers and key partners in the secured residential and commercial secured loan, mortgage and bridging finance markets, is essential our strategy and enabling them to seize opportunities.

“Securing these funds coincides with the relocation to our prestigious new offices, and reinforces our intentions for future growth, so we are now well positioned to progress our strategy as a major force in the relevant markets.”