Enterprise Finance completes Link Loans’ first loan
The loan was introduced and packaged by secured loan and bridging master broker Enterprise Finance.
Danny Waters, chief executive at Enterprise Finance, said: “We are proud to be involved in what is a significant day for the Link team and the entire secured loan community.
“The Link range adds tremendous value to brokers and their clients and Link Loans is a welcomed addition to our lending panel.
“Enterprise Finance was delighted to be able to facilitate a short processing time which further demonstrates our leading position in the market for quick turnaround times and outstanding service levels for intermediaries and borrowers alike.”
Maeve Ward, sales manager, at Link Loans, said: “We are delighted to have completed our first loan application ahead of schedule.
“Enterprise Finance submitted a perfectly packaged case and our state of the art systems and processes allowed us to fund the application within hours of its receipt. “Link Loans has a strong desire to support loan brokers and intends to lead the way with transparent products and exceptional service”.
Link Loans are available up to 75% LTV for employed borrowers and 70 per cent LTV for the self employed.
Rates start from 11.9% and the amounts available to borrow range from £5,000 to £30,000, with loan terms from 3 to 20 years.