FinanceEvlo leads the way as first commercial lender to introduce Moneyline's MoneyToolkit

Evlo leads the way as first commercial lender to introduce Moneyline’s MoneyToolkit

The new partnership helps declined applicants access benefits, grants and budgeting support.

WAKEFIELD, UK, June 23, 2026Evlo is the first commercial lender to launch Moneyline’s MoneyToolkit, a platform designed to connect people with practical financial support when borrowing is not the most suitable option. Instead of leaving unsuccessful applicants without guidance, the service directs them towards useful forms of assistance and resources that could help improve their financial situation.

Created by Moneyline and recognised with the ‘Eureka’ Award at the FCA’s Financial Inclusion Tech Sprint, MoneyToolkit brings together a variety of support services in one place. Users can explore benefits they may qualify for, find available grants and access budgeting tools, alongside personalised recommendations aimed at helping them manage money more effectively and build greater financial resilience.

Support that goes beyond lending

For Evlo, the partnership reflects a belief that responsible customer support is about more than providing credit. The initiative forms part of the company’s Financial Freedom for Everyone campaign, which seeks to tackle financial exclusion and improve access to credit by promoting measures such as recognising rental payments within credit histories. When an application is declined, MoneyToolkit enables Evlo to signpost customers to relevant support, helping address immediate financial challenges while providing access to longer-term solutions.

What the partners say

Jono Gillespie, CEO of Evlo, commented: “Financial inclusion means ensuring people can access the support they need, even when credit isn’t the right solution. By partnering with Moneyline and becoming the first commercial lender to offer MoneyToolkit, we’re helping customers find practical alternatives that can make a meaningful difference to their financial circumstances.”

Shiona Crichton, CEO at Moneyline, added: “We’re delighted to be working with Evlo to expand access to our MoneyToolkit. When someone is declined for credit, it can leave them vulnerable. By connecting people with the right support at the right time, we can help reduce financial stress and improve outcomes for customers who may otherwise struggle to find the support they need.”

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The Business Manchester News Desk team is a collective of experienced journalists and editors dedicated to delivering comprehensive business news and insights from the Manchester area and beyond. With a strong background in finance, technology, property, and innovation, our team ensures that our readers stay well-informed about the latest trends and developments in the business world. Through in-depth reports and insightful analysis, the Business Manchester News Desk team is committed to providing high-quality journalism to its audience.
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