One of the biggest European companies in unsecured lending has launched in the UK, creating over 20 jobs with expansion plans to increase up to 50 vacancies within the next 18 months. Tom Newbould is the Managing Director of 4finance’s Ltd UK operations based in Stockton-On-Tees. Tom has over 15 years of experience in executing business strategies and E-Commerce. Launched in Latvia in 2008, 4finance Ltd is the UK subsidiary of 4finance Group. The company will be providing loans in the UK using the Vivus brand.

The company has provided in excess of 2 million loans to over 1 million customers throughout Europe. 4finance is already trading in Toronto, Copenhagen, Stockholm, Warsaw, Riga, Tbilisi, Moscow, Madrid and Kaunas with plans to expand in to Australia and South Africa. With over 350 people employed worldwide, staff are committed to building long lasting relationships with customers. The team consists of people with valuable skills including managers, executives, graduates and apprentices. The typical profiles of 4finance customers throughout Europe are people with average incomes, who require a quick and convenient financial solution. The intention is to provide customers with additional funds to support their financial needs at a fair and affordable price. The £1.9 billion short-term loans sector is growing daily, reflecting that many people need a way to further manage their finances. All employees are dedicated to helping customers fulfill their needs...........Read more here