Guarantor loans specialist, Buddy Loans, has received full accreditation from the Financial Conduct Authority (FCA).

The company which is based in Cheadle, Cheshire, was set-up in 2013 by entrepreneur Nicholas Zapolski to provide consumers, who have been refused loans by mainstream lenders, with affordable and accessible credit. Recently Buddy Loans has secured an investment of GBP £10 million, which now allows the company to increase its lending.

The Co-Founder, and Managing Director of Buddy Loans, Nicholas Zapolski said, “Our ambition when we set-up Buddy Loans was to plug the gap that mainstream lenders have failed to fill, by offering a large selection of the population, especially those who may have been rejected for a loan in the past, or have bad credit, access to the finance they need to live their everyday lives”.