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Link Loans selects Target Group to manage growing unsecured portfolio

Link Loans has selected Target Group, to provide outsourced loan operations for its new unsecured home improvement loan portfolio.

This new contract win will see Target provide full account administration for the lender’s home improvement loan customers.

Kam Sanghani, Head of Operations at Link Loans, commented: “We have chosen Target again due to its expertise, established and proven lending software solutions, and skilled people. Target’s agility and responsiveness has allowed us to exploit changing market conditions and maintain our strategic objective to be the preferred lender of choice for our customers in our chosen markets”.

Commenting on this new contract win, James Snow, CEO at Target said:

“We’re delighted that Link Loans has chosen us as it’s outsourcer of choice. Link Loans’ new product will make it an important player in the supplier-introduced unsecured loan market. As a lender with ambitious growth plans, we look forward to supporting Link Loans’ multi–product expansion.“

Target specialises in lending software, and business process outsourcing for lenders and savings and investment portfolio owners. It is rated by Standard & Poor's for primary residential mortgage servicing and primary consumer finance servicing in the UK.