Reports this week have pointed towards a possible return to the market for Link Loans, the secured loan lender that was the sister firm to short term bridging loan lender, Link Lending, which went into administration last year.

It is thought that the Watford-based secured loan lending company may have a new range of secured loan deals in the offing, with Link Loans chairman, David Johnson, allegedly gaining a significant amount of secured loan funding for the New Year.

Although no one at the company could be contacted to confirm the rumours, the secured loan lender’s comeback could mean an interesting 2010 for the secured loans sector, and bring some much needed competition back to the secured loan market.

The collapse of Link Lending last October caused shock waves in the industry. Just weeks after the departure of managing director, John Maclean, negotiations to renew the bridging lender’s funding with Barclays bank fell through and administrators PricewaterhouseCoopers were appointed to wind down the business.

Posted 18/01/2010 19:46:30