Through the office, Blu will continue to offer debt management solutions to assist financial advisers and borrowers and will provide introducing advisers with specialist support and another source of income.
Peter Moat, managing director at Blu, said the opening of the office reflected the continuing increase in consumer demand for debt management services.
He added: “With the decline of mid and sub-prime lending over the past two years, debt solutions are now accepted as a viable option for brokers where traditional consolidation vehicles for clients are unavailable.”
Blu will be running a series of seminars and workshops aimed at helping advisers understand the range of available debt solutions.