Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk

135 years old...but not past our sell-by date

Did you know that Satsuma Loans is part of Provident Personal Credit Limited?

Our organisation started life back in 1880, not as a small round citrus fruit, but rather the Provident Clothing and Supply Company Limited. Our founder, Bradford-based insurance agent Joshua Waddilove, felt compelled to lend a helping hand to the hard working families he encountered every day who were struggling to make ends meet.

Provident Clothing and Supply Company Limited started off by providing a 'buy now, pay later' voucher product for life's essentials; back then, these were things like coal, clothing, bread and milk. The business grew in size, taking on agents right across the UK who were on hand to help families through the turbulent times of world wars, stock market crashes and the social deprivation that followed. We became known as 'Provident' and over the years the company moved from vouchers to cash loans. Provident continues to operate in our communities today, with around 7,000 agents making weekly visits to customers who need credit for today's essentials.

As the digital world evolved, people's preferences began to change.  Provident realised it could offer the same lending hand to customers who prefer to manage their finances online. Provident wanted to offer a fresh approach for those looking for affordable, short-term credit, so we created Satsuma Loans. Satsuma Loans was the bright new brand that took Provident’s 135 years' experience of lending a helping hand into the modern world.

We are proud of our heritage. It guides us in how we run our business, but most importantly, it guides us in offering support and understanding when customers need us most.

Provident Clothing and Supply Company Limited didn't charge any additional fees whatsoever in 1880. Similarly, Satsuma Loans doesn't charge any additional fees whatsoever today.

The same guiding business principles apply just as much today as they did back then. Essentially, we lend a helping hand when others won't. 

When you deal with Satsuma Loans, you deal with a reputable, dependable company that has been around for a long time. Sure, we've updated our 'look', but our values and purpose remain true.




Representative example: £480 loan repayable over 9 months. 9 monthly repayments of £106.56. Rate of interest 133.1% p.a. fixed. Representative 535% APR. Total amount payable is £959.04