Central Trust has move to is extend the reach of its products and services to Northern Ireland and the Scottish Isles.

Loans are available up to £30,000 at a maximum LTV of 60% and are allowed for a variety of purposes, including home improvements, debt consolidation, tax bills and business injection.

Rates start from 10.4% and borrowers can opt for fixed rates. Three to 25 year terms are available on all plans and the minimum property valuation is £50,000.

The lender has also made some changes to its adverse credit plans, with all defaults and CCJs over three years old which are £10,000 and under now being ignored, regardless of whether they are satisfied or not.

Buster Tolfree, commercial director of Central Trust, said: “The recent changes that we have made to our plans, interest rates and criteria clearly indicate the value Central Trust place on its introducer relationships. In what is a highly competitive market, we see it as important to not only compete on rate and service, but to provide true market expansion.

“We believe that innovative changes, such as launching in Northern Ireland, genuinely fill a customer need. We will continue to work with our introducers to identify improvements in order to move the market forward throughout 2014 and beyond.”