Is The Economy Really Improving As Another Secured Loan Lender Goes Out of Business?

It is constantly being suggested by the media that the economy is improving and that the UK is coming out of the recession. The very foundation of a healthy working economy is the careful lending and prudent borrowing of money. However with the collapse of yet another secured loan lender, namely the fairly recently formed Link Loans, is the country really in a healthier economic state than it was two years ago? Link Loans is a part of Link Lending, the bridging loans specialist, and only days before Link Loans closed their doors, Link Lending went into administration due to their funders, Barclays Bank refusing to grant any further funding. Link Loans had hoped tht their funding would continue, but unfortunately that was not to be, and Link lLoans became the most recent casualty of the credit crunch and the UK saw the demise of yet another of these secured loan lenders.The last of a long line of secured loan lenders who will never again open their doors and grant secured loans.