Evlo
- Company typePrivate
- Founded2006
- HeadquartersSlough, United Kingdom
- Headcount251–500
- GTM typeB2C
- OfferingServices
Evlo firmographics
Firmographics- Name
- Evlo
- Legal name
- Everyday Lending Limited
- Website
- https://evlo.co.uk
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Ownership category
- akta.pro rank
Evlo industry classification
Industry- Product category
- Consumer Lending
- NAICS
- Credit Intermediation and Related Activities (522)
- SIC
- Personal Credit Institutions (6141)
- akta.pro primary industry
- Emergency & Short-Term Installment Personal Loans (Unsecured) (FSAKAAAH)
Keywords
Where Evlo is headquartered
LocationHeadquarters
- HQ city
- Slough
- HQ country
- United Kingdom
- HQ region
- Europe
Offices2 records
Markets served
Evlo business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Personal Loan Interest: Evlo generates revenue through interest charged on unsecured personal loans. Loans range from £1,000 to £15,000 with APRs from 30.5% to 252.7%. Representative example: Borrowing £3,000 over 24 months at 71.3% p.a. results in total repayment of £5,706.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Monthly | Unsecured Personal Loans from £1,000 to £15,000 |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Evlo product offering
Product offeringCore offering
Evlo is a direct UK lender that provides unsecured personal loans ranging from £1,000 to £15,000 over 18 to 60 months, specialising in serving borrowers with bad credit or limited credit history. Loan applications are initiated online using soft search technology that does not affect the applicant's credit score, with finalization completed face-to-face at one of the company's nationwide UK branches. Loans are subject to status and affordability, with APRs ranging from 30.5% to 252.7% (Representative 99.9%).
Product overview
Evlo is a direct lender offering a unified personal loan platform focused on serving non-prime borrowers in the UK. The core offering consists of unsecured personal loans ranging from £1,000 to £15,000 with repayment terms of 18 to 60 months. Key products include Bad Credit Loans, Debt Consolidation Loans, Home Improvement Loans, Car Loans, Wedding Loans, and Long Term Loans, with sub-products segmented by loan amount (£1,000, £3,000, £5,000, £10,000). The company differentiates through Soft Search Technology that enables credit checks without affecting applicants' credit scores, and operates a hybrid branch-digital model with UK-wide physical branches combined with online application processing. Evlo also offers Joint Loans and Loans for Young People as targeted segments. All loans are subject to status and affordability, with Maximum APR of 252.7% and Representative APR of 99.9%.
Differentiator
Problem solved
Functional benefit
Products and services
- Bad Credit Loans Unsecured personal loans for individuals with poor credit history, including those with missed repayments, defaults, or limited credit history. Loans range from £1,000 to £15,000 over 18 to 60 months.
- Debt Consolidation Loans Loans that consolidate multiple debts into a single monthly repayment, helping borrowers manage their finances more simply. Offers from £1,000 to £15,000 over 18 months to 5 years.
- Home Improvement Loans Unsecured loans for financing home repairs, improvements, or renovations. Borrowers can access £1,000 to £15,000 over 18 to 60 months.
- Car Loans Unsecured personal loans for purchasing or repairing vehicles, providing financing without requiring collateral. Range from £1,000 to £15,000 over 18 to 60 months.
- Wedding Loans Unsecured loans designed to help cover wedding expenses, allowing borrowers to spread costs over time. Offers £1,000 to £15,000 over 18 to 60 months.
- Unsecured Personal Loans General unsecured personal loans not secured against the borrower's car or home. Available from £1,000 to £15,000 for 18 to 60 months for various purposes.
- Long Term Loans Personal unsecured loans with extended repayment terms up to 5 years, helping borrowers manage affordability through lower monthly payments. Range from £1,000 to £15,000.
- Joint Loans for Couples Joint loan products allowing two applicants to apply together, considering both credit histories and incomes to potentially improve approval chances or borrowing amounts.
- Loans for Young People Personal loans targeting young adults aged 18+ who may have limited credit history, offering £1,000 to £15,000 over 18 to 60 months.
- Personal Loans General unsecured personal loans for various purposes including emergencies, major purchases, or debt consolidation. Range from £1,000 to £15,000 over 18 to 60 months.
Quantifiable outcome
- 4.9/5 customer rating on Feefo based on 3656 verified reviews
Companies that use Evlo
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
Evlo technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Evlo partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- MoneylinecoreEvlo partnered with not-for-profit lender Moneyline to support applicants who do not qualify for traditional credit. The initiative redirects applicants to affordable, regulated loans and financial tools, providing safer alternatives amid rising cost-of-living challenges and limited access to mainstream credit.
- LoanTubecoreLoanTube partnered with Evlo to improve access to transparent credit options for underserved UK consumers and businesses. The collaboration integrates LoanTube's real-rate loan comparison technology directly into Evlo's hybrid branch-digital lending network, helping non-prime borrowers make better-informed financial decisions.
Scale indicators3 records
Recent moves3 records
Expansion highlights4 records
Evlo competitors and assessment
Company assessmentDirect peers
- Drafty: UK online lender offering revolving credit lines to non-prime borrowers. Comparable target customer and risk profile, though offering revolving credit rather than fixed-term installment loans.
- Satsuma Loans: UK online installment loan provider focused on short-term personal loans for borrowers with imperfect credit. Directly comparable product offering and customer segment to Evlo.
- 118 118 Money: UK personal loans provider for non-prime borrowers with doorstep and online distribution, backed by the 118 118 brand. Comparable in target customer (bad-credit borrowers) and product (unsecured personal loans).
- Bamboo Loans: UK-based online lender offering unsecured personal loans to borrowers with poor credit. Comparable in product, segment focus, and pricing tier to Evlo.
- Sunny Loans: UK online lender offering short-term and installment personal loans to non-prime borrowers. Comparable to Evlo in product, customer segment, and APR positioning, but distributed purely digitally.
- Likely Loans: UK online lender providing unsecured personal loans to borrowers with bad credit. Directly comparable niche, product, and target segment.
- Amigo Loans: UK lender specializing in guarantor and unsecured personal loans for borrowers with poor or limited credit history. Directly comparable to Evlo's non-prime unsecured personal loan offering.
- Provident Financial: Long-established UK non-prime consumer lender offering home credit and personal loans to sub-prime and underserved borrowers. Most directly comparable legacy UK specialist lender to Evlo.
Others
- Moneyline: UK not-for-profit lender offering affordable personal loans to low-income and credit-excluded borrowers. Partner of Evlo for responsible-redirect; comparable in borrower segment but operates as a not-for-profit alternative to high-cost credit.
Broad incumbents
- Tandem Bank: UK digital challenger bank offering personal loans, credit cards, and savings products, including products aimed at non-prime borrowers. Overlaps with Evlo in personal lending but operates a broader retail banking portfolio.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Evlo social profiles
Digital presenceEvlo compliance and trust
Trust signalCompliance4 records
Evlo financial estimates
Financial estimateRevenue estimate
Valuation estimate
Evlo leadership team
Management profileNumber of profiles
Evlo funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Evlo M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Evlo
What does Evlo do?
Evlo is a direct UK lender that provides unsecured personal loans ranging from £1,000 to £15,000 over 18 to 60 months, specialising in serving borrowers with bad credit or limited credit history. Loan applications are initiated online using soft search technology that does not affect the applicant's credit score, with finalization completed face-to-face at one of the company's nationwide UK branches. Loans are subject to status and affordability, with APRs ranging from 30.5% to 252.7% (Representative 99.9%).
Is Evlo a public or private company?
Evlo is a private company. It is classified as unknown and is currently operating.
When was Evlo founded?
Evlo was founded in 2006. It employs 251 to 500 people.
Where is Evlo based?
Evlo is headquartered in Slough, United Kingdom, in the Europe region.
How does Evlo make money?
One revenue line is on record: personal Loan Interest.
Who are Evlo's main competitors?
Direct peers on record are Drafty, Satsuma Loans, 118 118 Money, Bamboo Loans, Sunny Loans, Likely Loans, Amigo Loans and Provident Financial. Moneyline is listed as an others. Tandem Bank is listed as a broad incumbent.
Does Evlo have an API?
No public API is recorded for Evlo.
What industry is Evlo in?
Evlo's product category is Consumer Lending. Its primary akta.pro industry code is FSAKAAAH, Emergency & Short-Term Installment Personal Loans (Unsecured). Its NAICS code is 522 and its SIC code is 6141.