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Finance

Morses Club secure £15m loan facility Magazine

Morses Club, the Batley-based home collected credit lender, has secured a whole new 15 million loan facility.

The company has boosted overall revolving facility to 40 million.

It said this extended facility will support business growth and expansion plans C along with the certainty of long-term funding.

The funding may help retain the growth stemming within the 550 self-employed agents and managers that have recently joined this company.

CEO Designer said: “This new loan facility will enable us to go on to purchase growth and our product diversification strategy, whilst delivering high-quality want to an increasing consumer base.”

He added: “Our purchase of technologies have achieved efficiencies and created capacity that’s got supported significant increase agent numbers and successful integration in to the business inside the first half of in 2010.”

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