Link Financial Group (“Link”), is pleased to announce the appointment of Krupali Mehta, to head up its leading European Back-Up Servicing team (BUS).

Krupali brings a wealth of experience in Commercial and Residential Real Estate lending along with the servicing and management of securitised transactions. Most recently she worked for Hatfield Philips International, overseeing CMBS Portfolios which included responsibility across the full portfolio life-cycle.

Krupali’s new role will cover all Link’s existing BUS customers, representing €2 billion of assets across 5 European countries, as well as taking charge of the on-boarding of new clients and transactions.

Selina Burdell, Chief Operating Officer, pointed to Back-Up Servicing as an important part of the company’s future growth: “Bringing in such an experienced specialist as Krupali will allow the Group to dedicate even more focus to Back-Up Servicing. Her background will compliment what we are doing for our existing engagements which span a variety of financial products as well as allowing us to leverage our best-in-class operations for new clients in this area”.

Krupali said of her appointment: “I am excited to be joining the Link team. I see Back-Up Servicing as an ever more critical product in today’s market place and, given the company’s existing client list and its clear ambitions, I couldn’t be starting at a better time”.

The Link approach to BUS

Link offers discrete solutions at each of the three stages of Back-Up Servicing – Cold, Warm and Hot states – with service delivery being provided at a local level. Link has 8 offices in Europe (UK, Germany, Spain, Italy and Ireland). Its servicing operations and systems have the flexibility to tailor individual solutions across multiple asset classes, are scalable at short notice and have the capacity to allow it readily to absorb transactions between the various BUS stages.

Link’s approach to Back-Up Servicing, together with its acknowledged strengths in loan administration operations and collections, are proving to be the number one choice for originators, lenders and investors.

For further information on Link’s Back-Up Servicing solutions, please contact:

Krupali Mehta T: +44 (0)207 793 2687 | E: KMehta@linkfinancial.co.uk

Released 9th June 2014

LINK FINANCIAL GROUP SERVICES:

DEBT PURCHASE | NON PERFORMING & LIVE LOAN SERVICING | STEP-IN SERVICER SOLUTIONS | MORTGAGE ADMINISTRATION | ASSET MANAGEMENT & ADVISORY

Authorised and regulated by the Financial Conduct Authority (632508) Mortgage Administration (606817)

Link Financials’ sponsorship of The Money Charity’s schools programme helps to reach over 75,000 young people

The partnership between The Money Charity, the UK’s financial capability charity and Link Financial, Europe’s leading purchaser and servicer of both performing and non-performing loans, celebrates its first anniversary and a very successful year. With Link’s support the total number of students reached by the charity has risen to over 75,000, through direct delivery of our financial education workshops.

Funded by Link Financial and delivered by The Money Charity, the workshops empower thousands of young people to gain the skills, knowledge and confidence they need to be able to make the right financial decisions and manage their money well into adulthood. The demand for this service has been significant since it began in 2010, and with Link’s continuing support the organisation aims to reach 100k 11-19 year olds by the end of this school year.

The charity’s team of dedicated financial capability presenters are fully trained on all they need to know to engage and inspire pupils to stay on top of their money. Working with over 350 secondary schools & colleges across the country, the one-hour Money Workshops are designed to give the recipient a greater understanding of money matters including, the importance of saving to achieve life goals, credit & how to use it sensibly, budgeting, bank accounts, and student finance. Tailored to the individual needs to the group, the content draws on the charity’s extensive experience in financial education.

The three-year partnership, launched in 2013, represents a commitment from Link to help young people stay on top of their money, throughout their lives.

Selina Burdell, COO of Link Financial Group said:

“At Link Financial we witness first-hand the effects on individuals who are unable to manage their finances and the great stress it places them under. The Money Charity’s long term commitment to educate and inspire a young generation to take control of their finances is vital in preventing any issues later in life. We are pleased that with our support, thousands more students will be given a head start in learning to be financially responsible.”

Michelle Highman, CEO of The Money Charity, said:

“Our partnership with Link Financial has got off to a fantastic start and we couldn’t be more thrilled with the results. Within a year, their funding has already allowed us reach over 2660 pupils, helping us achieve our grand total of 75,000 students since 2010.

With Link’s support we are moving ever closer to our goal of ensuring that every young person in the UK is equipped with the skills, knowledge, attitudes and behaviours they need to manage their money well. With factors such as high youth unemployment, rising living costs and mounting household debt, it is vital that we empower our young generation to understand and stay on top of their money.”

 

Link Financial sponsorship of financial education workshops helps deliver 165 workshops to 5,545 young people in the first quarter of the year.

Link’s three year partnership with The National Money Charity, Credit Action has got off to an excellent start in 2013 and has helped deliver 165 workshops to 5,545 young people in the first quarter of the year.  

The recent announcement in the new draft national curriculum for England that ‘Schools should prepare students for life in the real world by making them financially capable’ potentially marks a huge step forward in financial education for young people. The changes to the curriculum will see financial education enter the curriculum via Citizenship, which will be a compulsory subject at Key Stage 3 and 4 (11-16 year olds). The draft guidelines state that the changes intend to ensure pupils “are equipped with the financial skills to enable them to manage their money on a day-to-day basis as well as to plan for future financial needs.” Under the new curriculum, students will learn about personal budgeting, money management, wages, credit, debt, and financial products.

Link’s ongoing partnership with Credit Action is helping expand delivery of their financial education workshops within this target group. At Link we frequently see the stresses placed on individuals who are unable to manage their finances and therefore delivering money management education to young people is key to alleviating these issue in later life.

New Link Financial website launch

As part of an ongoing programme to deliver an improved information flow for customers and a more comprehensive presentation for our corporate services we have refreshed our online presentation – www.linkfinancial.eu. The site also introduces a new CSR section which outlines the many charitable and sponsorship activities undertaken by the business and contributions by staff.

Link Financial website restyle

Link Financial partners with national money charity, Credit Action, to bring financial education to schools

Today Credit Action, the financial capability charity and Link Financial, one of Europe’s leading purchasers and servicer of both performing and non-performing loans, announce a new three year partnership to deliver financial education in schools around the UK. The Link Financial sponsorship package, circa £70,000 over the 3 year programme, will support the expansion of Credit Action’s financial education workshops to 11-19 year olds across England, Wales and Northern Ireland.

The demand for this service has been significant since it began in 2010. Since then, Credit Action has reached over 53,000 young people through direct delivery of financial education workshops and over 1 million prospective university students through their Student Money manual which goes out to students nationwide via UCAS.

Link Financial’s new partnership with Credit Action will allow a further 360 workshops to be delivered across the UK to 10,500 students over the next three years. The workshops will enable young people to build the skills, knowledge, attitudes and behaviours to manage money well and cover such subjects as budgeting, debt & credit, bank accounts, saving and student finance.

Selina Burdell, COO of Link Financial Group said: “At Link Financial we frequently see the stresses placed on individuals who are unable to manage their finances. Delivering money management education to young people is key to alleviating these issues in later life. We are therefore pleased to support the Credit Action team with a long term commitment to building awareness and skills in this most vital of areas.”

Michelle Highman, CEO of Credit Action said: “Financial education is essential for all young people. It is vital that we empower young people to understand and stay on top of their money throughout their lives. This partnership will allow us to reach even more young people in this way and we are very grateful to Link Financial for their support.”

Notes for editors:

About Link Financial

Link Financial is one of Europe’s leading purchasers and servicer of both performing and non-performing loans, managing more than 1.5 million customers and €6 billion of receivables across its European platform.

The company’s headquarters are in London, with further operational centres in Spain, Italy, Germany, Ireland and Wales. Standard & Poor’s (S&P) has awarded Link’s UK business a special servicer ranking of “STRONG – Outlook Stable”, meaning it has the highest rating possible for a consumer loan special servicer in its market.

About Credit Action

1.Credit Action is the national money education charity, established in 1994. It works nationally promoting better thinking about money with a particular emphasis on those vulnerable to financial difficulties. See www.creditaction.org.uk for more information.
2.Credit Action runs two financial education programs in schools for young people aged 11-17. Click here for more information.

Media Contacts:

Link Financial:
Gerald Elliott, Communications Director, E: gelliott@linkfinancial.co.uk
T: +44 (0)20 7150 0228 www.linkfinancial.eu

Credit Action:
Ceara Crawshaw – cearacrawshaw@creditaction.org.uk 020 7380 3390

Link Financial announces new Head of Compliance

Link Financial, one of Europe’s leading purchasers and servicer of both performing and non-performing loans, is pleased to announce the appointment of Philip Tinsley as Head of Compliance. Formerly with KPMG, Philip has dealt with compliance related matters and regulators for over twenty years and held senior management positions in both industry and the largest professional consultancies. With significant changes in the regulatory environment planned over the next few years he is looking forward to ensuring Link Financial remain fully compliant and lead best practice within the industry.

Notes to the editors:

Link Financial

Link Financial is one of Europe’s leading purchasers and servicer of both performing and non-performing loans, managing more than 1.5 million customers and €6 billion of receivables across its European platform. The company’s headquarters are in London, with further operational centres in Spain, Italy, Germany, Ireland and Wales. Standard & Poor’s (S&P) has awarded Link’s UK business a special servicer ranking of “STRONG – Outlook Stable”, meaning it has the highest rating possible for a consumer loan special servicer in its market.

For further information, please contact:

Gerald Elliott, Communications Director, Link Financial Group
T: +44 (0)20 7150 0228 E: gelliott@linkfinancial.co.uk

Link Financial Group, 89 Albert Embankment, London SE1 7TP, UK

www.linkfinancial.eu

Link Financial appointed Back-Up Servicer on Tda Lico leasing lll securitisation of EUR78m credit rights

Link Financial is pleased to announce that it has been appointed as back-up servicer to TdA Lico Leasing III on a portfolio of over 5,883 lease contracts to 4,206 debtors covering Spanish SMEs and self-employed individuals. Moody’s and DBRS have assigned provisional ratings to the senior note, rating it as A3 and AAA respectively with a value of €78m.

Link will receive regular data feeds from the Servicer to the transaction as well as performing a review of this information for the benefit of the deal. Furthermore, Link’s Spanish business, Link Finanzas SL, would assume successor servicing duties at the discretion of the management company within the transaction.

Selina Burdell, COO of Link Financial Group, commented, “We are pleased to have been selected as the backup and successor servicer to this transaction. This provides further evidence that Link’s approach to backup servicing, as well as the strength of our operational capabilities, is a compelling offering to the European ABS market”.

This appointment follows on from the group’s recent strong performance in its European servicing operations. Standard & Poor’s (S&P) recently reviewed the company’s servicer ranking raising it to “STRONG – Outlook Stable” awarding Link Financial with their highest rating for a consumer loan special servicer in Europe.

Notes to the editors:

Link Financial

Link Financial is one of Europe’s leading purchasers and servicer of both performing and non-performing loans, managing more than 1.5 million customers and €6 billion of receivables across its European platform. The company is headquartered in London, with further operational centres in Spain, Italy, Germany, Ireland and Wales.

For further information, please contact:

Gerald Elliott, Communications Director, Link Financial Group
T: +44 (0)20 7150 0228 E: gelliott@linkfinancial.co.uk

Link Financial Group, 89 Albert Embankment, London SE1 7TP, UK

www.linkfinancial.eu

Link Financial treating customers fairly from day one

The latest advert in the Link Financial 2012 campaign focuses on treating customers fairly. 14 years ago Link were one of the first within the industry to treat the people it deals with as ‘customers’ not ‘debtors’. Treating customers fairly has always been embedded at the core of what we do.

Our strong adherence to those founding principles has seen our business grow steadily through the years. We are now the trusted partner for an increasing number of pan-European lenders and global investors for our best in class servicing and advisory expertise.

As a leading manager of both performing and non-performing accounts Link Financial now serves over 1.4 million customers and is responsible for more than €6 billion of receivables across its European platform.

Notes to the editors:

Link Financial

Link Financial is a leading purchaser and servicer of both performing and non-performing loans, managing more than 1.4 million customers and €6 billion of receivables across its European platform. The company is headquartered in the UK, with further operational centres in Spain, Italy, Germany and Ireland.

Link’s institutional shareholders include Lloyds Banking Group and Cheyne Capital Management.

For further information, please contact:

Gerald Elliott, Communications Director, Link Financial Outsourcing

T: +44 (0)20 7150 0228 E: gelliott@linkfinancial.co.uk

Link Financial Group, 89 Albert Embankment, London SE1 7TP, UK

www.linkfinancial.co.uk

Link Financial launches new fund

In September 2012, through its fund partnership, Link Financial launched its second fund dedicated to the purchase of distressed consumer receivables in the UK and across the European continent.

With investor demand increasing, we continue to build on our track record which allows our banking and consumer finance clients to access institutional capital from across the globe; both for business as usual debt sales or for the one-off transfer of large portfolios.

This follows on from the group’s largest ever month of collections through its loan servicing operations, exceeding €50 million in the month of July.

www.linkfinancial.co.uk

Link Financial cash collections reach €50 million in a month for the first time in July 2012.

Link Financial is pleased to announce that cash collections across its European footprint reached €50 million in July 2012. This important milestone reflects strongly on the continued development of the group’s pan-European loan servicing and debt purchasing capabilities.

New contract wins in the asset finance and leasing area have also helped the group’s volumes along with the growing imperative within banks, credit card issuers and consumer finance lenders to deleverage their balance sheets and strengthen their capital base through the sale of their non-performing loan (NPL) portfolios.

Standard & Poor’s (S&P) recently reviewed the company’s servicer ranking raising it to ’STRONG - Outlook Stable’ making Link Financial their highest rated consumer loan special servicer in the UK.

Notes to the editors:

LINK Financial

Link Financial is a leading purchaser and servicer of both performing and non-performing loans, managing more than 1.4 million customers and €6 billion of receivables across its European platform. The company is headquartered in the UK, with further operational centres in Spain, Italy, Germany and Ireland.

Link’s institutional shareholders include Lloyds Banking Group and Cheyne Capital Management.

For further information, please contact:

Gerald Elliott, Communications Director, LINK Financial Group

T: +44 (0)20 7150 0228   E: gelliott@linkfinancial.co.uk

Link Financial Group, 89 Albert Embankment, London SE1 7TP, UK

www.linkfinancial.co.uk