Eloans Co-Op Ltd

eloans coop is a new innovative online lending co-operative that is owned and operated by its members. This means that all profits are put back into the business at eloans coop so that we can help more people, when they are looking for finance. The more we all do together, the more we can all benefit! Regulated by the Office of Fair Trading and The Financial Conduct Authority, eloans coop is an online marketplace where we connect people seeking loans with lenders who want to lend their money. We provide an exciting and interactive platform to enable this to take place where lenders and borrowers get a better deal on their finances due to the collaborative buying power that the co-operative provides. Based in Lancashire, within the heartland of the Co-operative Movement, we are the UK’s first online co-operative offering a true whole-of-market lending platform. Our aim is to make funding available to all creditworthy people in the UK, both new and existing without the over burden of high interest credit. Our lending members range from traditional mainstream lenders to more non-traditional lenders including peer to peer lending communities and credit unions. At eloans coop, we make loans available to all – from tenants and homeowners – making us the most financially inclusive platform in the UK. Members can borrow any amount between and for a period of anywhere between one and 360 months, on either a secured or an unsecured basis.