Who we are

Step One was established in 2010 and our mission is to operate an industry leading specialist consumer finance platform built on traditional lending values.   Founded from a small office in London, we are now based in Woking, Surrey where our team of qualified professionals offer lending solutions with a personal touch.

We are authorised and regulated by the Financial Conduct Authority and are also members of the Finance & Leasing Association (FLA).

Responsible. Transparent. Fair. Simple.™

What are our principles?

We operate by business principles that are realistic, deliverable and, most importantly, believable. We have four core business principles that are framed in a series of simple questions:

Responsibility: Do our products help our customers and are they affordable?

Transparency: Do our products deliver what they promise without any hidden catches?

Fairness: Do we treat people as we would wish to be treated?

Simplicity: Can we explain our products in a way that is easily understood?

Company History

Nov 2010
Company founded with a 4 person team in Mayfair.
2011
Developed strategy and product offering to enter the UK mortgage market.
May 2012
Began lending second charge mortgages
Jun 2013
£1m of loans completed.
May 2014
First funding facility and equity funding round from a major institutional partner.
Jun 2014
New office in Woking, Surrey.
Dec 2014
£10m of loans completed.
Mar 2015
Institutional funding line upsized.
May 2015
Expanded lending into Scotland.
Dec 2015
Granted full FCA permissions.
May 2016
Completed equity funding round bringing in PIMCO as a minority investor and funding partner.
Nov 2016
Team reached over 20 professionals.
Dec 2016
£50m of loans completed.
Mar 2017
Online broker portal launched.
Sep 2017
Launched new range of personal loan products.
Mar 2018
Completed new funding facility with major institutional credit fund for core second charge loan products.
Mar 2018
Completed new funding facility with major institutional partner to launch bridge loan products.
Apr 2018
Office space doubled to accommodate growing team.
Sep 2018
£100m of loans completed.
2019
Team reaches over 30 professionals.
Nov 2020
10 years and going strong!.
Dec 2020
£200m of loans completed.
Oct 2021
£500m forward flow agreement with major investment bank.
Dec 2021
£195m funding facility closed.
Sep 2022
£250m of loans completed.
Apr 2023
Step One partners with PayPlan.

Selected Distribution Partners

APR

Please note that Step One Finance does not charge up-front fees for any loan enquiries or applications. You should be wary of any parties purporting to arrange a Step One Finance loan who are seeking to charge up-front fees. Please contact us if you have any doubts regarding a Step One Finance loan application. Customers can also obtain additional information on the FCA’s website on the dangers of Loan Fee Fraud by clicking here.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT IF YOU ARE EXTENDING THE TERM OF THE DEBT YOU MAY BE INCREASING THE TOTAL AMOUNT YOU NEED TO REPAY.

CTA

Find the perfect loan call us now on 01483 661 100 or Contact us