Credit broker appoints liquidators

3rd January 2017

Credit broker specialist firm Loan Link Limited has appointed liquidators. Loan Link was based in Cardiff with it’s main activities were brokering loans and arrears management services for its parent company Nemo Personal Finance.

Principality Building Society acquired Loan Link Limited and formed second charge lender Nemo Personal Finance in 2004. In February 2015, second charge lender Nemo Personal Finance ceased new lending after it had failed to find a buyer.

Loan Link Limited appointed John Cullen and Bethan Evans, both of Menzies LLP, as its liquidators on 23rd December 2016. This followed a written resolution by Loan Link Limited that it would be wound up voluntarily. Menzies LLP has stated that all known creditors have been or will be paid in full.