Street (UK) Foundation was launched in 2000 as a company limited by guarantee and registered charity. The charity’s mission is to support financially excluded individuals with a range of tailored financial services on a sustainable basis.
The vision for Street UK Foundation is that everyone in the society can access affordable financial services.
To fulfill this vision, we need to build a significant and self-sustaining organisation that can provide access to fairly priced, affordable credit for those on lower incomes to tackle financial exclusion.
Secondly, we need to support the growth of other voluntary sector and mutual organisations providing affordable credit in the belief that the growth of this sector is a vital component in addressing the terrible abuse of predatory credit.
OUR MISSION STATEMENT
Our mission is to create unprecedented value by supporting financially excluded individuals with a range of tailored financial services on a sustainable basis.
Compared to other high-cost lenders Street UK offers competitive APR at 120% for high street customers and 201% for our online customers. We continue to demonstrate our commitment to customers by offering advice and support and not compounding the interest charged on our loans.
OUR CORE VALUES
Ethical – To ensure our products, services and policies are fair.
Innovate – To design our products and services around the needs of our customers.
Excellence – To continual improve our standards, add value and go beyond expectations.
Integrity – To be trustworthy and accountable for our actions and ensure we treat our customers fairly.
Transparency – To communicate information in a simple and clear manner
Subsidiaries of Street (UK) Foundation act as the charity’s trading arm to deliver its mission.
Street (UK) C.I.C has been providing access to affordable credit since 2001. Our range of products is designed to serve our customers with fair and affordable alternatives to high-cost commercial lenders operating in the sub-prime market.
Customers can access services via a dedicated retail branch network based in the West Midlands or via an online lending platform (trading as Track Loans).
Street (UK) Services Limited was launched in 2003 to support the alternative finance sector and with back-office loan administration services together with a loan portfolio system developed in-house.
Street (UK) Services currently provides business support services to over 40 alternative financial institutions in the (UK).
Street (UK) Homes Limited was launched in 2007 following the passing of the Regulatory Reform Acts which enabled Local Authorities to make loans available for low-income homeowners who were unable to access mainstream credit sources, to fund the repair of their properties.
Street (UK) Homes currently provides loan and mortgage services for a number of Local Authorities across England & Wales.