For customers directly affected by the COVID-19 pandemic, we can offer up to 3 months payment deferral or other options such as reduced payments, depending on your circumstances.

If you are struggling with your finances and wish to discuss a payment holiday, please contact Evolution Loans on customerservice@evolutionfunding.com or call 01246 458 803 (Monday to Friday, 9am-5pm).

Evolution Loans

Evolution Loans provides Hire Purchase agreements for motor related assets exclusively for dealer partners of Evolution Funding.

Leveraging the data insight gained via the wider Evolution Funding systems and processes, Evolution Loans is able to make positive and robust underwriting decisions that our prime lending partners cannot agree through autonomous decisioning. As a result, Evolution Loans can identify and approve customer applications that deliver high lending margins with proven low default rates.

“Most prime funders see a CCJ or default and decline the deal. We try to look at the bigger picture. Is the adverse out of character, does the customer pay their mortgage and current fixed term credit? If so, and the deal structure is right, we look to offer an approval on prime terms.”

Matt Randall – Senior Underwriter

  • £5 million+ live loan balances
  • £12.5 million+ lent & collected
  • 5 cases incepted in 2015/16 are 60 day+ in arrears out of 1065 (0.46% of cases)
  • High growth potential with access to over 125,000 Evolution applications per annum

You can view our Privacy Notice here

Evolution Loans Ltd are authorised and regulated by the Financial Conduct Authority. Our FCA number is 661541. We are a lender not a broker. Finance subject to status. Terms and Conditions apply. A guarantee may be required. Over 18’s only. PLEASE ENSURE YOU CAN AFFORD THE REPAYMENTS FOR THE DURATION OF A LOAN BEFORE ENTERING INTO A CREDIT AGREEMENT. Commission may also be paid to the introducing dealer by us, which could be a fixed fee or a percentage of the amount you borrow. They may also receive a higher payment from us dependent on the interest rate you are charged and this can also be affected by the term and product you receive. We will explain the key features of those products to you (unless your supplying dealer provides this). Prices, offers and information correct at time of publishing.

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