Brightside Group has doubled its premium finance capacity to £30m after agreeing an extension of its revolving line of credit with Clydesdale Bank.
In a statement, the broking group said: "Demand for premium finance has been strong in the year to date and this extension of capacity will enable Brightside to write more business on its own book at a higher margin.
"Brightside would like to thank Clydesdale for its further support."
Earlier this month the listed company said its trading in 2011 was better than expected.
Brightside also separated the roles of chief executive and finance director. Paul Chase-Gardener, who previously held both roles, remained as finance director and Arron Banks was appointed chief executive.
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