LOANCHECK SA LUXEMBOURG HAS APPOINTED THOMASLLOYD CAPITAL LLC AS
FINANCIAL ADVISOR
ThomasLloyd Capital LLC has been appointed to secure growth capital
and to source strategic partners, who will help LoanCheck take
advantage of current market conditions
LoanCheck SA Luxembourg is the owner of www.loancheck.co.uk. The
website is a forensic analysis tool, providing accurate and
up-to-date analysis for borrowers, to ensure compliance by the lender
with the terms and conditions of mortgages and loan agreements, and
compliance with the Consumer Credit Act where appropriate. The
Company also provides out-sourcing services for the legal profession,
and litigation finance through its subsidiary, Ascot Legal Services.
Growth has been rapid through its first year of operation and deal
volume is increasing on a monthly basis.
LoanCheck supplies a quality, technology-based service for consumer
issues regarding miss-sold financial products. The Company provides
Forensic Analysis Reports for Lawyers assisting the consumer with
such issues. The business is regulated in the United Kingdom under
the Consumer Credit Act by 'The Ministry of Justice', a government
department. LoanCheck has four operating subsidiaries, where each
adds a specific service to the total business process. LoanCheck
Foundation Ltd. is a not-for-profit foundation, which markets the
Loan Check service by determining whether an individual has ground
for redress/refund. Severn Administration Ltd. is a technology-based
business which manages the website and carries out audits of client
loans. Konsul Ltd provides outsourced legal administration services
to solicitors, and Ascot Legal Services Ltd provides pre-financing of
legal fees for solicitors.
Tim Hadley, CEO of LoanCheck said; "The most important feature of our
model is that the client, who has been miss-sold a loan or mortgage,
is not placed under any further financial burden or risk. We are
making justice available and affordable for all."
Tony Coveney, Executive Director of ThomasLloyd Group plc has stated
"We are delighted to be appointed by the leading supplier in this
rapidly growing business segment. LoanCheck is in a great position
to serve the consumer and help restore some trust in financial
institutions at this difficult time. We will seek to fund the
business expansion and look for strategic partners."
ThomasLloyd Capital LLC is the investment banking subsidiary of
ThomasLloyd Group plc.
- Ends -
Enquiries:
ThomasLloyd Group plc +41 44 213 6767
Tony Coveney, Executive Director
ThomasLloyd Capital LLC +1 212 331 7829
Anna Brescia, Vice President
ThomasLloyd Capital LLC +1 212 331 7825
Philipp Rusch, Senior Associate
LOANCHECK SA
Tim Hadley, CEO +44 174 3709 090
- Notes to Editors -
About ThomasLloyd Group plc
ThomasLloyd is a full-service global investment banking, securities
and investment management firm that provides a diverse range of
financial products and services worldwide to a select client base
that includes corporations, financial intermediaries, institutional
clients and high-net-worth individuals.
Founded as an alternative asset management company in Germany 2003,
ThomasLloyd expanded through a combination of organic growth and
strategic acquisitions and today comprises of two business divisions:
Investment Banking, and Investment Management where it manages USD
1.9 billion of fee generating assets. The company employs more than
70 professionals internationally, offering all its core activities in
Americas and Europe and select activities in the Middle East and
Asia.
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