Link Finanziaria wins the servicing for new non performing portfolio
Link Finanziaria Spa, a leading Italian special servicer and part of the Link Financial Group, announced that it has been awarded an exclusive mandate to service a substantial portfolio of non-performing retail and SME loans.
The portfolio comprises approximately 1,500 accounts, partly secured against real estate assets.
Link Finanziaria has been active in the Italian non-performing loan market since 2006 and has a large, well-established local presence, providing due diligence and servicing expertise on secured and unsecured, consumer and SME portfolios of performing, re-performing and non-performing loans
Link Finanziaria Managing Director, Donato Pinto said: “We are very excited to have won this opportunity; it is a further endorsement of our enhanced capability to service secured and SME loans. In recent years, our business in Italy has significantly increased the size of its secured and SME servicing platform and this latest mandate certainly plays to our strengths.”