Place Categories: Finance & legal and Silver Mark Holder
Lendology CIC is a pioneering B Corp and social enterprise lender based in Somerset. Regulated by the Financial Conduct Authority, Lendology’s mission is to transform homeowners’ lives by offering a wide range of financial solutions in collaboration with local councils across the UK. The organisation addresses various homeowner needs, including essential home repairs, energy-efficiency upgrades, renewable technology installations, and adaptations for accessibility.
In 2023, Lendology CIC achieved the prestigious Social Enterprise Silver Mark, underscoring its commitment to social value and excellence within the social enterprise sector. This significant milestone aligns with Lendology’s dedication to fairness in lending, ensuring equitable access to financial support for homeowners.
The achievement of the Social Enterprise Silver Mark adds to Lendology’s impressive track record, which includes achieving Carbon Neutral certification in 2022. This certification positions the organisation at the forefront of the workplace decarbonisation movement, showcasing its commitment to environmental sustainability. Details of Lendology’s commitment to carbon neutrality can be found on its website under Lendology’s Carbon Commitment.
Lendology is dedicated to transparency and accountability, regularly releasing Impact Reports that highlight contributions to both the community and the environment. The Community Impact Report details the journey towards carbon neutrality and ongoing initiatives making a positive difference in the communities they serve. The Social Impact Report provides insights into broader social contributions, featuring stories of individuals and communities supported by Lendology.
A hallmark of Lendology’s approach is its unwavering commitment to fairness. Regardless of individual circumstances, loan amounts, or terms, every homeowner receives the same fixed interest rate, ensuring equitable access to financial support without the burden of high-cost credit arrangements.
Since its establishment in 2005, Lendology CIC has disbursed over £22 million in council capital, revolutionising conventional lending practices and enriching homes and lives through affordable finance.
The achievement of the Social Enterprise Silver Mark further solidifies Lendology’s commitment to social value and excellence within the social enterprise sector, adding to its rich legacy of transformative lending practices and dedication to building a sustainable, inclusive living environment for all.
Lendology CIC is a community interest company limited by guarantee, registered in England, company number 4512225.
Registered address: Heatherton Park Studios, Bradford on Tone, Taunton TA4 1EU. Lendology CIC is authorised and regulated by the Financial Conduct Authority (675263) for credit regulated activities.
Representative Example (4% fixed interest rate, Representative 4.2% APR).
Loans are subject to status and are typically protected by a Title Restriction. Borrow £5,000 over 60 months, £92.08 monthly repayments. Total amount repayable = £5,544.96, including £20 fee for registering the Title Restriction against your property at the Land Registry. The £20.00 fee is only payable if a loan is agreed by Lendology and you decide to proceed with a loan. We do not charge interest on the fee. A Title Restriction means that you may not be able to sell your home without our permission unless the loan is fully repaid. Missing payments could affect your credit rating and ability to obtain credit in the future.
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