Fair Personal Loans signs a new £1m facility with wholesale lender Shawbrook bank, enabling the business to continue growing.
Fair Finance able to issue shares
Due to a change in regulation and our rules, Fair Finance is able to issue interest bearing shares for the first time.
FPL goes national
Fair Personal Loans opens a fully online service first for existing customers then available nationally.
FCA authorisation
Fair Finance receives FCA authorisation for its business and personal lending businesses. More information can be found here.
Metro Partnership
Fair Finance establishes a partnership with Metro Bank to help their clients in financial difficulty with advice, support and an alternative to high cost lenders.
Growth funding for Fair Personal Loans
Due to huge demand, over £1m is raised to help continue growing Fair Personal Loans.
Fair Business Loans goes national
Fair Business Loans launches an online application that allows businesses from all over the country to apply for a loan.
Lending milestone #2
Fair Business Loans has now made over £1m in loans to small businesses helping 100 entrepreneurs create over 300 jobs.
10 year anniversary
Fair Finance celebrates 10 years having helped 30,000 financially excluded residents across London. Lending over £17m in 15,000 loans, helped 6,000 residents avoid eviction and helped to grow 200 small businesses.
Wins Alternative Lender of the Year award
Fair Finance wins the Alternative Lender of the Year Award at the Credit Today Award. With judges saying: “proving it’s possible to provide an ethical yet commercially viable product for financially disadvantaged people”. More information can be found here.
