Everline

Everline and sister brand ezbob form the UK’s largest business e-lender having provided over £100 million and over 8,500 loans to SMEs since 2011.

Everline and ezbob's proprietary, fully automated smart lending platform cuts through old-fashioned underwriting practices by linking directly to thousands of business data points, such as cloud based accounting services, HMRC tax reports and business bank accounts, to make fast and fair lending decisions on small business loans of up to £120,000 for 1-24 months. Traditional lenders have a lengthy approach to underwriting loans, high manual processing costs and a time-consuming requirement for physical documents. It’s therefore not commercially viable for most traditional lenders to underwrite small business loans under £150,000. Because our technology does all the legwork,our application process only takes around 10 minutes to complete, we automatically collect all the data in nano-seconds and lending decisions are usually made instantly or within one hour of an application being submitted. If approved, money is then paid into an account within minutes. We’re the first business e-lender to be provided with a multi-million pound (£40m) loan guarantee agreement by the European Union’s European Investment Fund (EIF), following a year assessing the platform and our service. The UK government supported Angel Co-Fund is an investor and we’re Oaktree Capital Management L.P.’s first business e-lending investment in Europe.

Name CEO: Tomer Guriel
Founded in: 2011
Country: United Kingdom
Website: https://www.everline.com/
Company Twitter: @everline
Category: Alternative Finance

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