Member Article

Everyday Loans appoints new Chief Executive Officer

Everyday Loans Group has named Steven White as CEO. He joined the company as CFO in 2016 before taking on COO responsibility the following year.

Prior to working for the UK’s largest non-standard branch-based lender of unsecured loans, Steven - a qualified Chartered Accountant - held a number of CFO, COO and CEO positions in leading Fintech and financial companies including Deutsche Bank and UBS.

John van Kuffeler, CEO at Everyday Loans’ parent company NSF Group plc, said: “We have an ambitious growth plan that will enable us to meet extremely strong demand for non-standard credit amongst UK consumers.

“In his previous role as COO, Steven proved his ability to deliver an entrepreneurial business plan that delivers fast but stable growth – resulting in the opening of 24 new Everyday Loans branches over the last 18 months.

“So, with our ever-expanding number of customers and branches - over 66,000 in 73 locations – it’s a really exciting time for Everyday Loans, our customers and colleagues. We know that Steven is the ideal leader to take the business forward.”

Steven added: “I am extremely proud to have been appointed CEO and am very much looking forward to helping create and implement an exciting and ambitious, values-based growth strategy. I truly understand the high standards our customers have come to know and expect and the value they place on the support we provide them. We are committed to putting the customer first and doing what is right for them: The Everyday Way.”

John van Kuffeler continued: “Some 10 million to 14 million Brits - that’s around a quarter of the total UK adult population - don’t qualify for personal loans through traditional, mainstream lenders. This is usually based on relatively minor credit history blemishes.

“Fully FCA-accredited and committed to responsible lending, Everyday Loans offers customers access to credit via its 73-strong branch network and through its growing Guarantor Loan Division which lends to customers under the TrustTwo and George Banco brands.

“Everyday Loans adopts a case-by-case approach to customers – meeting face to face and authorising loans to suit their individual requirements within a professional and friendly branch environment. An account manager will take time to discuss their finances and then provide the support they need to resolve their money issues and get them back on the path towards mainstream lending. We’re the only unsecured lender to operate in this way in the UK.

“For customers that who have very little credit or who are unable to qualify for an unsecured personal loan in their own name, Everyday Loans Group offers a guarantor loan product, making credit for non-standard customers available where it would otherwise not be accessible.”

This was posted in Bdaily's Members' News section by Sue Souter .