Whiteaway Laidlaw Bank has announced the acquisition of Link Loans.
The bank itself was acquired by RBS Equity Finance in January 2011, shortly after which it acquired the new business platform of Commercial First.
It says the Link transaction will enable it to accelerate its ambitions in the personal lending markets. It is to rebrand later on this year.
Stephen Johnson, New Business Director at Whiteaway Laidlaw Bank (WLB), said: “WLB has ambitious plans to develop a diversified lending business across a range of commercial and personal lending markets. Link loans has made a real impact in the secured loan market