Evolution Banking – Looking to the Future
The economic down turn of the UK’s financial market saw the withdrawl of several lenders within the non-standard lending sector. The lenders that remained became very risk adverse which resulted in a change to lending criteria. The impact of these conditions was that the availability of finance to certain demographics of consumers became increasingly restricted.
Evolution Banking recognised this – so in 2011 we launched a range of financial products focussed on serving financially stressed consumers. As our business grows our product suite continues to evolve to offer a more diverse range of non-standard lending options to the marketplace.