Sitting alongside the existing funder, Shawbrook Bank, this has increased the overall revolving facility from £25m to £40m. The Facility has also been extended from its existing expiry date of March 2019 to August 2020. This is strategic in respect of supporting growth strategy of the business, providing the certainty of long-term funding and enabling Morses Club to continue its expansion plans, taking advantage of the current opportunities in the market place.