Small business lender ezbob has announced a rebrand for its intermediary facing business, which will now be marketed solely under its sister brand’s name, Everline.
After completing the purchase of Everline earlier this year, the management team undertook a review of the UK business and decided to simplify its channels to have a single brand to go to for working capital small business loans.
Russell Gould, Everline’s chief operating officer, said: “Following a review of the broker market, Everline will now be our sole channel for intermediary business. Our existing introducers to ezbob will continue to get the same market-leading customer service from Everline enabling small business clients to access short term working capital when they need it.
“Our simple 10 minute online application process will remain the same, removing the need for time-consuming paperwork or face to face meetings and enabling decisions to be made within hours and funds sent within five minutes of approval.”
There will be no change in product and pricing, however coinciding with the rebrand the loan term will increase from 15 months to 24 months. Everline will continue to offer limited companies, limited liability partnerships and sole traders the ability to access £3,000 – £120,000 of working capital small business loans for up to the new 24 months.